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The Californian gold rush was a big factor; it created a huge stimulus and liquidity injection, recapitalising US industry, infrastructure and fedral government
by sgt101 7y ago
The Californian gold rush was a big factor; it created a huge stimulus and liquidity injection, recapitalising US industry, infrastructure and fedral government. Ironically this empowered the north to contend with the south, freeing (in name and partially) the slaves of the south but condeming the peoples of the west to genocide.
- roboys 7y agoDon't forget all the opium money that was being poured into the North, killing Chinese people with overdoses was very profitable.