ALREADY KNOW YOUR NEXT DESTINATION?
DOWNLOAD YOUR FREE AUDIOGUIDE

Federal Reserve Bank of New York

Federal Reserve Bank of New York (15)

Many tourists stroll through the financial district of New York and imagine the amount of money circulating on the Broad Street Stock Exchange, what the rent costs for the top floors of the American International Building or what these magnates spend every day to travel between their homes and Wall Street by helicopter.

But if you want to know where the money is, go into the Federal Reserve Bank of New York. The basement of this building, over 20 metres underground, houses thousands of gold ingots with an approximate value of $150,000 million, which amounts to one third of the world's gold reserves.

As you can see, it is a real triangular-shaped force that is said to have been inspired by ancient Tuscan Renaissance palaces. The Federal Reserve Bank of New York was created by President Woodrow Wilson in 1913 to centralise the country's banking system and it is precisely here where interest rates are set that are then followed by the remaining banks.

It is possible to go inside. You can learn many details of its financial operations, see large safes and sometimes assist in the destruction of old banknotes. Find out in advance, as an appointment is required.

ALL POINTS OF INTEREST

Related posts

BienVale… asistir a una misa góspel en Nueva York

BienVale… asistir a una misa góspel en Nueva York

Leer más
Haz como un newyorker y escápate a Luna Park, en Coney Island

Haz como un newyorker y escápate a Luna Park, en Coney Island

Leer más
¿Qué hora es? Son las hipopótamo en punto.

¿Qué hora es? Son las hipopótamo en punto.

Leer más
This website uses cookies to ensure you get the best experience on our website

ACCEPT
+ INFO