National Reserve

The National Reserve System (also known as the National Reserve or the Continental Monetary Authority) is the of the Wabash Confederation, United Commonwealth (2015) and the  and has close relations with the Royal Monetary Authority of Sierra. Created on May 1st, 1913, with passage of the National Bank Act in Wabash, the National Reserve Act in the United States and in 2015 the signature of the Banking Stability Act 2015 in the United Commonwealth. It was a response to in the, which caused a massive  in 1908 which had severely crippled the economies of the United States, Wabash and the Canadian Alaskan Federation.

Created under the doctrine of Three Pillar Policy by Kentucky economist, Cornelius Haywood the economies of the three nations were so interconnected that if one were to fail- the continents financial situation would turn sour. Known as on a market level it was regarded on a international level as continental risk. The removal of the American pillar in 1908 caused the two other pillars to fail. While the central bank of Sierra rejected any unification, the Monetary Authority did agree to work with the National Reserve in times of uncertain instability.

The Wabash Federal Council and the had joint committee seccessions that outlined several problems that the stable U.S government had with the unstable government of Wabash. President agreed only to sign with the insertion of the 26th clause which allows the United States the authority to protect the independent nature of the bank in Wabash- in which also gve Wabash is given the authority to protect independent nature of the bank in American territory as well. In 2015, Quentin Carnegie at the 2015 Chicago International Summit entered the United Commonwealth into the National Reserve but forfeited the right of Oceanic action in continental America.

Several tools are given to the National Reserve to carry out its three primary objectives in.