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Panic of 1873 (1 ene 1873 año – 1 ene 1877 año)

Descripción:

Jay Cooke & Co. invested too much in postwar RXR building
- fail leading investment banking firm
- panic
- inflation from paper $ during Civil War
- printed more money = worthless
LED TO
resumption act 1876 = money is now gold not paper

Añadido al timeline:

6 may 2022
0
0
348

fecha:

1 ene 1873 año
1 ene 1877 año
~ 4 years