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Mark, an economics teacher, discusses free banking and free money as an alternative to government control of money through the Federal Reserve. From 1836 to 1863, there was a free banking system in the US, and from 1863 to 1913, a quasi-free banking system known as the Gilded Age. During these periods, the world did not fall apart, showing that alternatives to government control are possible. Countries like Canada and Scotland had successful experiences with free banking systems in the past.