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Related on the history of crowdfunding: I was recently researching a local community group my grandfather was a part of, and I found out that they frequently ha
by alehul 6y ago
Related on the history of crowdfunding: I was recently researching a local community group my grandfather was a part of, and I found out that they frequently had "bond drives" [1].
It was really interesting to learn that U.S. bonds, which today we view as a low-risk inflation-beating investment, were actually used not just as an investment but as a representation of American pride.
[1] https://www.okhistory.org/publications/enc/entry.php?entry=WA020 https://www.okhistory.org/publications/enc/entry.php?entry=W...
- dugmartin 6y agoI was also taught many years ago in a college history class they were also a means to reduce the money supply to protect against inflation as production shifted from domestic items to war material.
- adamjb 6y ago"Buy your share of freedom today" https://www.youtube.com/watch?v=Tyg8DwsHrvw https://www.youtube.com/watch?v=Tyg8DwsHrvw