James madison was referring to when he wrote in federalist no. 62 that its necessity was "indicated by the propensity of all single and numerous assemblies to yield to the impulse of sudden and violent passions, and to be seduced by factious leaders into intemperate and pernicious resolutions."

it increased 6 percent and reached that in 1980

i do not know if this question has options, but a main impact of the federal reserve act of 1913, which created the federal reserve bank, was the international use of the u.s. dollar, which soon became the world's leading currency - particularly during world war i, since many nations around the world asked the united states for money.