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A History of the Greenbacks: With Special Reference to the Economic Consciences of Their Issue: 1862-65 - Couverture souple

Mitchell, Wesley Clair

 
9781037353437: A History of the Greenbacks: With Special Reference to the Economic Consciences of Their Issue: 1862-65

Synopsis

Explore the economic impact of a nation at war and the rise of a paper currency. This thorough study examines how the greenbacks changed government debt, interest costs, and the nation’s finances during and after the Civil War. With careful analysis of receipts, expenditures, and the value of paper money, it invites readers to weigh the financial legacy of legal-tender policies. The book digs into how currency depreciation affected prices, government payments, and the path back to specie payments. It uses detailed tables and a wide range of sources to trace the debt, the cost of finance, and the broader effects on economic life during and after the war. - Understand how issuing paper currency interacted with debt and interest costs - See how depreciation influenced government receipts, expenditures, and taxes - Learn about the long-term financial consequences and policy questions - Get insight from appendices and tables that ground the analysis in data Ideal for readers of economic history, financial policy, and Civil War studies seeking a clear, data-driven view of the era’s money and debt.

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