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Groznyi (“The Terrible”), or, more correctly translated from Old Russian, “The Strong/The Menacing,” was an epithet that in the 15-16 centuries, didn’t carry negative connotations. Grand Prince Ivan III of Moscow (1440-1505), the founder of the Moscow state and Ivan the Terrible’s grandfather
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The responsibilities of the Federal Reserve include influencing the supply of money and credit; regulating and supervising financial institutions; serving as a banking and fiscal agent for the United States government; and supplying payments services to the public through depository institutions like banks, credit...
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