Here’s a financial history connection you probably weren’t taught. During World War II, the U.S. government needed enormous amounts of money to fund the war. The Federal Reserve helped by keeping interest rates low, making it cheaper for the government to borrow. Then things started changing quickly. 1945: WWII ends. 1950: Diners Club introduces an early widely used multipurpose charge card. 1951: The Treasury–Federal Reserve Accord gives the Fed greater independence over m