The Three Monetary Systems During the Civil War
March 29, 2011 at 22:56 PM EDT
Since Paul Krugman is talking about the 150th anniversary of the U.S. Civil War outbreak, it is worth recalling the great monetary experiments created by the Civil War. This great event resulted in the establishment of three monetary regions in the United States: the Greenback monetary system, the Yellowback monetary system, and the Confederate monetary [...]