At the time the Civil War began in 1861, the United States government did not print paper money; it only minted coins. As a historian of the American Civil War, I study how the Confederate government ...
What would be the economic consequences if one individual had a money printer? Now trace that out to a central bank and ...
Even beggars turned up their noses to the German mark in the 1920s. It’s true. While wheel barrows full of marks continue to animate simplistic economic history, the reality is that the marks in the ...
Many central banks within the global economy are involved in printing more of their paper money (often referred to as “fiat” currencies). There’s a race to devalue currencies in hopes to revive ...