The First Bank of the United States, modelled coincidentally enough on the

First Bank of England

has its 20 year charter expire in 1811. This is partly because it only ends up controlling 20% of the nation’s currency with state-run banks making up the rest.

And then also possibly due to the fact that it was partly owned by foreigners who shared in its profits.

wait what? really?

Sometimes the pattern is undeniably clear. First country A wins independence from country B.

Then country B then insists that country A create a central bank they can profit from, which they do until it expires. And then, one year later both countries go to war in 1812.

Without a central bank the United States resorted to issuing treasury notes-

english man, are these bills and can they be rolled into the shape of a straw?