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Far as we remember, banks have always been a thing in one way or another, however one too many banks got robbed, destroyed or worse, everyone cashed out all at once; caused the US gov to initiate an insurance policy, which needed a treasury to fulfill those insurance policies, it was a way to help banks.
We think that was the beginning of the US federal reserve; if our memory serves us right. Idk the year or specifics, just that tidbit from history. If we’re wrong then please lmk lol
Wouldn't it be "luk"? Lol
Also happy cake day from all us!!
Pfft haha yeah true, though for most of the abbreviations we try to keep it to original/generic for other ppl not to get confused as to what we mean. But when we word it out, yeah we would say let us know.