3 ms·
He would probably think much the same thing. "Greenbacks" (which is was what the currency printed by the US at the time was called) traded at a significant disc
by pmiller2 10y ago
He would probably think much the same thing. "Greenbacks" (which is was what the currency printed by the US at the time was called) traded at a significant discount to gold when redemption of demand notes in gold was suspended. [0]
--
https://en.wikipedia.org/wiki/Greenback_(1860s_money) https://en.wikipedia.org/wiki/Greenback_(1860s_money)