How The U.S. Conquered Inflation Following The Civil War
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How the United States Conquered Inflation Following the Civil War - Foundation for Economic Education
The US Civil War (1861-65) produced a disastrous hyperinflation in the Confederacy and considerable currency depreciation in the North as well. A decade after Appomattox, little legislative progress had been made. But in January 1875, Congress and President Grant took action.
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