Fractional Reserve Banking, Executive Orders, and Nullification

1. Andrew Jackson ended the Second National Bank in 1836 because he deemed it a monopoly that benefited the wealthy. 
1. According to the video, has the Federal Reserve Bank, a central bank that was instituted in 1913, done any better to create wealth for those besides the wealthy?
2. What problem does the creation of money cause?
2. Read this article about executive orders and answer the following questions:
1. What are executive orders?
2. When are they necessary?
3. When should they be challenged?
3. Read this article about nullification and answer the following questions:
1. What is nullification?
2. Why do its opponents reject its legality?
3. Why do its proponents affirm its validity?

N.B. Feel free to click on the links within the articles to get more background on the what is being discussed.