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Mark H
Membre depuis mai 2012
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Who paid for the Civil War ?

- George F. Smith - Barbarous Relic

While this article is not nearly as stupid as those generally vomited forth by Tom DiLorenzo, the entire article begs the question, SO WHAT?
Lincoln is widely known as the best President we ever had because he was able to preserve the Union. Everything else was secondary. Further, the Confederacy also issued unbacked notes as well. Again, so what. Fiddling with the currency while in the midst of a civil war is the tail wagging the dog.
It is getting tiresome to read history through Libertarian tunnel vision as it continues to ignore the real world for fantasyland.
I suggest the author move to the Libertard utopia of Somalia where he can enjoy capitalism in its natural state.

Commenté il y a 4725 jours

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Début de l'article :When war broke out in 1861, the federal government was without its own money machine, though that would soon change. As expenses from the war mounted, the U.S. government once again issued Treasury Notes to help finance it. The Act of July 17, 1861 authorized Secretary of the Treasury Salmon P. Chase to issue notes at 7... Lire la suite

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