Financial globalization, Wall Street, Federal Reserve Act, globalization, deregulation, financial institutions, world trade, United States
The term financial globalization refers to a free movement of finance across national boundaries without facing any restrictions. Financial globalization requires the introduction of a worldwide single currency managed and regulated by a single international monetary authority. The first financial powering was located in London, creation and development of financial institutions, between 1870's and 1913.
Today, Wall Street is home of the NYSE and the heart of financial trade, exchange of stocks.
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