more on Lincoln’s Monetary Policy
October 20, 2009 at 14:02 PM EDT
[Skip to the end] Very good, thanks, up to this point, after which the author goes astray and I’ll omit: The bankers had Lincoln’s government over a barrel, just as Wall Street has Congress in its vice-like grip today. The North needed money to fund a war, and the bankers were willing to lend it only [...]