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November 1, 2025
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1 janv. 1861 - Congress begins issuing greenbacks

Description:

Congress began issuing Greenbacks, emergency paper currency during the Civil War, printed in green on the back. Greenbacks funded about 15% of the Civil War, but raised inflation rates to 14% in 1862 and then up to 25% in 1863 and 1864.

Ajouté au bande de temps:

Date:

1 janv. 1861
Maintenaint
~ Il y a 164 ans

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