The value of the U.S. dollar declined significantly during wartime, especially during the American Civil War, World War I, and World War II. The Federal Reserve, which was established in 1913, was designed to furnish an "elastic" currency subject to "substantial changes of quantity over short periods", which differed significantly from previous forms of high-powered money such as gold, national bank notes, and silver coins. Over the very long run, the prior gold standard kept prices stablefor instance, the price level and the value of the U.S. dollar in 1914 was not very different from the price level in the 1880s. The Federal Reserve initially succeeded in maintaining the value of the U.S. dollar and price stability, reversing the inflation caused by the First World War and stabilizing the value of the dollar during the 1920s, before presiding over a 30% deflation in U.S. prices in the 1930s.
When was the Federal Reserve established?
1913

Ford Motor Company and Coca-Cola were two of the first sponsors of American Idol in its first season. The sponsorship deal cost around $10 million in season one, rising to $35 million by season 7, and between $50 to $60 million in season 10. The third major sponsor AT&T Wireless joined in the second season but ended after season 12, and Coca-Cola officially ended its sponsorship after season 13 amidst the declining ratings of Idol in the mid-2010s. iTunes sponsored the show since season seven.
In which season did Coca-Cola become a sponsor of American Idol?
season one

At the start of her reign Victoria was popular, but her reputation suffered in an 1839 court intrigue when one of her mother's ladies-in-waiting, Lady Flora Hastings, developed an abdominal growth that was widely rumoured to be an out-of-wedlock pregnancy by Sir John Conroy. Victoria believed the rumours. She hated Conroy, and despised "that odious Lady Flora", because she had conspired with Conroy and the Duchess of Kent in the Kensington System. At first, Lady Flora refused to submit to a naked medical examination, until in mid-February she eventually agreed, and was found to be a virgin. Conroy, the Hastings family and the opposition Tories organised a press campaign implicating the Queen in the spreading of false rumours about Lady Flora. When Lady Flora died in July, the post-mortem revealed a large tumour on her liver that had distended her abdomen. At public appearances, Victoria was hissed and jeered as "Mrs. Melbourne".
What did Victoria think of Lady Flora?
despised