Se ha denunciado esta presentación.
Utilizamos tu perfil de LinkedIn y tus datos de actividad para personalizar los anuncios y mostrarte publicidad más relevante. Puedes cambiar tus preferencias de publicidad en cualquier momento.

The History of Banking in One Chart

70.002 visualizaciones

Publicado el

This presentation provides an original, but brief, new way to view the history of banking in America.

  • DOWNLOAD THE BOOK INTO AVAILABLE FORMAT (New Update) ......................................................................................................................... ......................................................................................................................... Download Full PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download Full EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download Full doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... ......................................................................................................................... ................................................................................................................................... eBook is an electronic version of a traditional print book THE can be read by using a personal computer or by using an eBook reader. (An eBook reader can be a software application for use on a computer such as Microsoft's free Reader application, or a book-sized computer THE is used solely as a reading device such as Nuvomedia's Rocket eBook.) Users can purchase an eBook on diskette or CD, but the most popular method of getting an eBook is to purchase a downloadable file of the eBook (or other reading material) from a Web site (such as Barnes and Noble) to be read from the user's computer or reading device. Generally, an eBook can be downloaded in five minutes or less ......................................................................................................................... .............. Browse by Genre Available eBOOK .............................................................................................................................. Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, CookBOOK, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult, Crime, EBOOK, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, ......................................................................................................................... ......................................................................................................................... .....BEST SELLER FOR EBOOK RECOMMEND............................................................. ......................................................................................................................... Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth,-- The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company,-- Call Sign Chaos: Learning to Lead,-- StrengthsFinder 2.0,-- Stillness Is the Key,-- She Said: Breaking the Sexual Harassment Story THE Helped Ignite a Movement,-- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones,-- Everything Is Figureoutable,-- What It Takes: Lessons in the Pursuit of Excellence,-- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money THE the Poor and Middle Class Do Not!,-- The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness,-- Shut Up and Listen!: Hard Business Truths THE Will Help You Succeed, ......................................................................................................................... .........................................................................................................................
       Responder 
    ¿Estás seguro?    No
    Tu mensaje aparecerá aquí
  • DOWNLOAD THE BOOK INTO AVAILABLE FORMAT (New Update) ......................................................................................................................... ......................................................................................................................... Download Full PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download Full EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download Full doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... ......................................................................................................................... ................................................................................................................................... eBook is an electronic version of a traditional print book THE can be read by using a personal computer or by using an eBook reader. (An eBook reader can be a software application for use on a computer such as Microsoft's free Reader application, or a book-sized computer THE is used solely as a reading device such as Nuvomedia's Rocket eBook.) Users can purchase an eBook on diskette or CD, but the most popular method of getting an eBook is to purchase a downloadable file of the eBook (or other reading material) from a Web site (such as Barnes and Noble) to be read from the user's computer or reading device. Generally, an eBook can be downloaded in five minutes or less ......................................................................................................................... .............. Browse by Genre Available eBOOK .............................................................................................................................. Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, CookBOOK, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult, Crime, EBOOK, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, ......................................................................................................................... ......................................................................................................................... .....BEST SELLER FOR EBOOK RECOMMEND............................................................. ......................................................................................................................... Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth,-- The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company,-- Call Sign Chaos: Learning to Lead,-- StrengthsFinder 2.0,-- Stillness Is the Key,-- She Said: Breaking the Sexual Harassment Story THE Helped Ignite a Movement,-- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones,-- Everything Is Figureoutable,-- What It Takes: Lessons in the Pursuit of Excellence,-- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money THE the Poor and Middle Class Do Not!,-- The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness,-- Shut Up and Listen!: Hard Business Truths THE Will Help You Succeed, ......................................................................................................................... .........................................................................................................................
       Responder 
    ¿Estás seguro?    No
    Tu mensaje aparecerá aquí
  • Don't ask yourself if you can afford the "Demolisher" Betting System. Ask yourself if you can afford NOT to! ♥♥♥ http://t.cn/A6zP2wH9
       Responder 
    ¿Estás seguro?    No
    Tu mensaje aparecerá aquí
  • Bill Fullilove, disabled with cerebral palsy, and bankrupt from high medical bills, says he was able to turn $150 into $1,000 with the "Demolisher" Betting System: ♥♥♥ http://t.cn/A6zP24pL
       Responder 
    ¿Estás seguro?    No
    Tu mensaje aparecerá aquí
  • DOWNLOAD THIS BOOKS INTO AVAILABLE FORMAT (2019 Update) ......................................................................................................................... ......................................................................................................................... Download Full PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download Full EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download Full doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... ......................................................................................................................... ................................................................................................................................... eBook is an electronic version of a traditional print book THIS can be read by using a personal computer or by using an eBook reader. (An eBook reader can be a software application for use on a computer such as Microsoft's free Reader application, or a book-sized computer THIS is used solely as a reading device such as Nuvomedia's Rocket eBook.) Users can purchase an eBook on diskette or CD, but the most popular method of getting an eBook is to purchase a downloadable file of the eBook (or other reading material) from a Web site (such as Barnes and Noble) to be read from the user's computer or reading device. Generally, an eBook can be downloaded in five minutes or less ......................................................................................................................... .............. Browse by Genre Available eBooks .............................................................................................................................. Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, ......................................................................................................................... ......................................................................................................................... .....BEST SELLER FOR EBOOK RECOMMEND............................................................. ......................................................................................................................... Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth,-- The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company,-- Call Sign Chaos: Learning to Lead,-- StrengthsFinder 2.0,-- Stillness Is the Key,-- She Said: Breaking the Sexual Harassment Story THIS Helped Ignite a Movement,-- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones,-- Everything Is Figureoutable,-- What It Takes: Lessons in the Pursuit of Excellence,-- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money THIS the Poor and Middle Class Do Not!,-- The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness,-- Shut Up and Listen!: Hard Business Truths THIS Will Help You Succeed, ......................................................................................................................... .........................................................................................................................
       Responder 
    ¿Estás seguro?    No
    Tu mensaje aparecerá aquí

The History of Banking in One Chart

  1. The History of Banking IN ONE CHART 1865 1885 1905 1925 1945 1965 1985 2005
  2. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year A Chart About Bank Failures There is no more powerful force in the U.S. bank industry than the credit cycle – the undulating pattern of booms and busts that gave us the Roaring Twenties and the Great Depression; the housing bubble and the Financial Crisis. Nothing better captures the credit cycle’s savagery than the failures left in its wake. More than 17,000 banks have gone under since 1865, equating to an annual average of 115.
  3. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year The National Banking Acts of 1863 & 1864 The starting point for any conversation about bank history is the Civil War, or, to be more precise, the National Banking Acts of 1863 and 1864. These created the bank system we know today by (1) monopolizing the printing of bank notes (i.e., issuing money) by the federal government, and (2) providing a mechanism through which banks could acquire national, as opposed to state, charters.
  4. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year The Gilded Age: The Civil War to the Panic of 1907 The Gilded Age, a term coined by Mark Twain, was a particularly volatile episode in bank history. Thanks to rapid economic expansion fueled by the American industrial revolution as well as lax regulatory oversight, bank failures became a common occurrence. Two crises in particular, the Panics of 1873 and 1893, ignited full-blown economic depressions.
  5. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year 1913: Creation of the Federal Reserve The Federal Reserve was created in 1913 in an effort to reduce, if not stop, the frequent occurrence of banking panics. To this end, it was empowered to lend hard currency to banks besieged by depositors withdrawing their money en masse. The theory was that, by providing access to all the currency sound banks needed to meet withdrawal requests, it would remove depositors’ incentive to run on banks in the first place.
  6. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year Agricultural Depression of the 1920s After World War I ended, the demand for American agricultural products plunged throughout Europe. Farmers on the continent were again free to produce crops and the warring parties no longer needed the profusion of supplies to feed their armies. Prices for corn, tobacco, and other crops plummeted in the U.S., taking thousands of small rural banks down too, as farmers could no longer afford to service their loans.
  7. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year The Great Depression of the 1930s Following a decade of excess throughout urban America, the stock market crashed in 1929. In an effort to calm global markets and maintain the international gold standard, the Federal Reserve unwittingly aggravated the situation by raising interest rates and cutting the money supply. The Great Depression followed, leaving more than 5,000 failed banks in its wake.
  8. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year The Great Moderation: 1945-1975 Bank historians call the unusually quiet period from the end of World War II to the mid- 1970s the Great Moderation. Few banks failed over this stretch thanks to (1) increased regulatory oversight under FDR’s New Deal legislation, (2) heightened conservatism among bankers with firsthand experience of the Great Depression, (3) rapid economic expansion following the war, and (4) the introduction of national deposit insurance.
  9. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year The OPEC Oil Embargos of 1973 & 1979 OPEC’s twin oil embargoes in the 1970s, a response to America’s support for Israel in the 1973 Yom Kippur War, set off a series of events that changed banking forever. Most importantly, high oil prices accelerated inflation, which then caused the Federal Reserve to raise short-term interest rates to nearly 20%. This triggered a deep recession in 1974 and caused banks to hemorrhage net interest income.
  10. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year The 1980s: A Most Volatile Decade The 1970s turmoil culminated in 3 distinct financial crises a decade later. (1) An energy crisis fueled by high gas prices led to the first too-big-to-fail bank, Continental Illinois, which was nationalized by the FDIC in 1984. (2) High funding costs from the Fed’s assault on inflation yielded the S&L Crisis. (3) And the recycling of petrodollars from oil producers into loans to Latin American governments caused the Less Developed Country Crisis.
  11. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year 1990s: The “Mergers of Equals” In an effort to make the bank industry more resilient to regional economic downturns and the stiflingly high short-term interest rates of the 1980s, Congress deregulated the industry by, among other things, allowing banks to operate across interstate lines on a national basis for the first time in history. This sparked a wave of bank mergers – the “mergers of equals” – that gave us the nationwide branch networks we know today.
  12. 0 500 1,000 1,500 2,000 1865 1885 1905 1925 1945 1965 1985 2005 AnnualBankFailures Year The Financial Crisis of 2008-09 On its own, the financial crisis of 2008-09 seems to pale in comparison to the severity of the combined crises of the 1980s – to say nothing of the Great Depression. But because it came on the heels of the 1990s merger wave, the banks that did fail were almost unrecognizably massive compared to earlier periods. Thanks to imprudent bets on subprime mortgages, more than 500 lenders have since ceased operations.
  13. Looking for more information like this? The Motley Fool’s mission is to help the world invest better. We’ve done this over the past 20 years by thinking long term and outside the box – even if that means turning Wall Street on its head. To learn more about what The Motley Fool thinks about current investment trends, and receive a special free report about what might be the next big industry to come out of Silicon Valley, simply click here now. 1865 1885 1905 1925 1945 1965 1985 2005 Created by John J. Maxfield, The Motley Fool

×