innightellecrazypo innightellecrazypo

11-10-2015
History

Answered

What was the main goal of establishing a central banking authority?

Ato stabilize the national economy
Bto weaken the power of smaller states
Cto grant the federal government more power
Dto get the national currency off of the gold standard

Verified Answer :

HistoryGuy HistoryGuy

18-10-2015

The main goal of establishing a central banking authority in the United States was "a. to stabilize the national economy", since before its creation each state had different currency valuations, which made it impossible to pay back debt.

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