The Second Bank of the United States (SBUS) was established in 1816 as a solution to America’s financial instability following the dissolution of the First Bank of the United States. While it was intended to regulate the money supply, manage government funds, and stabilize the economy, its existence ultimately led to economic turbulence, political conflict, and its eventual demise. The story of the SBUS provides … Continue reading The Rise and Fall of the Second Bank of the United States: A Case Study in Monetary Cycles