The Free Banking Era Collapse: When Every Bank Printed Its Own Money (1837-1863)

Описание: The Free Banking Era Collapse: When Every Bank Printed Its Own Money (1837-1863)

What if every bank in America printed its own, unique currency? For 30 years, that's exactly how the United States worked.
This is the forgotten story of the "Free Banking Era" (1837-1863), a financial Wild West that began when President Andrew Jackson killed the central bank. With no national currency, thousands of private banks sprang up, each issuing its own, competing paper money.

#History #Economics #AmericanHistory #Banking #Money #Finance #WildWest #CivilWar #thecoinfinancials