The surprising total of outstanding United States Notes (Greenbacks) issued during the Civil War
According to the December 2012 report by the U.S. Treasury Dept., out of the $450 million Greenbacks issued during the American Civil War, there is an estimated $239 million still outstanding. In 2013 dollars, this would be at least $10 billion, according to this inflation calculator. While not significant today, it’s significant that such a […]
