Agencies that guarantee savings and supervise the financial system did not exist at the start. 保证储备和监管金融体制的部门起初还不存在。
When banks failed, people lost everything. 当银行倒闭的时候,人们失去了所有。
Fear of bank failures led people to withdraw their money, leading to more failures. 人们对银行倒闭的恐惧致使他们取回存款,从而导致更多的破产。 In nineteen thirty-three, Congress established the Federal Deposit Insurance Corporation. 1933年,国会建立联邦存款保险公司。
It currently guarantees bank deposits up to two hundred fifty thousand dollars. 目前它保证个人银行存款保险达到250,000美元。