0h 33min, jul 11, 1836 y - Specie Circular Issued
Description:
Specie Circular require federal land to be bought with hard money; Jackson also moves large amounts of federal money into a group of state and private "pet banks", all of which created inflation which lead to the Panic of 1837.
Added to timeline:
Date:
0h 33min, jul 11, 1836 y
Now
~ 187 years ago