All in all, your trip to Mars would take about 21 months: 9 months to get there, 3 months there, and 9 months to get back. With our current rocket technology, there is no way around this. The long duration of trip has several implications.
It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. Today, the Federal Reserve's responsibilities fall into four general areas. 1  Conducting the nation's monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices.
As far as the terms of the Federal Reserve governors, they agreed on staggered terms and extended them from the six or eight years in the approved bills to ten to ensure no president could appoint all governors during a two-term presidency. The Federal Reserve Act was signed by President Wilson on December 23, 1913.BibliographyGlass, Carter. An Adventure in Constructive Finance. New York: Doubleday, Page and Co., 1927.ith the nation confronting another financial crisis in 1907, and the United States the only one of the worldâs major financial powers without a central bank, the nation was forced to turn to Wall Street.