3 ms·
The beginning and then ongoing World War I (1914-1918) might have had an influence. There is also a dip during the American Civil War for example.
by _Microft 5y ago
The beginning and then ongoing World War I (1914-1918) might have had an influence. There is also a dip during the American Civil War for example.
- WalterBright 5y agoThe government printed fiat money in the Civil War. WW1 was financed with fiat money.