During the U.S. Civil War, the Union issued ‘greenbacks,’ fiat money not backed by gold or silver, stabilizing wartime finance and introducing a new form of currency.
World economy charts, business frameworks and diagrams
World economy charts, business frameworks and diagrams
During the U.S. Civil War, the Union issued ‘greenbacks,’ fiat money not backed by gold or silver, stabilizing wartime finance and introducing a new form of currency.