and the U.S. Federal Reserve printed $50 billion in extra money, all in preparation for a date change. This was no simple turning of the calendar page though — it was Y2K and the entire globe ...
But by November 1999 the Federal Reserve said ... rating," Fed Board Governor Edward Kelley said at the time. Dozens of communities across the U.S. formed Y2K preparedness groups to stave off ...
“I bought absolutely nothing to prepare for Y2K,” Ray Owens said in a Dec. 29, 1999, article in The Times-Dispatch. “Absolutely nothing.” The Federal Reserve Bank of Richmond was also one ...