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A Nation of Counterfeiters: Capitalists, Con Men, and the Making of the United States (repost)

Posted By: arundhati
A Nation of Counterfeiters: Capitalists, Con Men, and the Making of the United States (repost)

Stephen Mihm, "A Nation of Counterfeiters: Capitalists, Con Men, and the Making of the United States"
2009 | ISBN-10: 0674032446, 0674026578 | 472 pages | PDF | 1,3 MB

Few of us question the slips of green paper that come and go in our purses, pockets, and wallets. Yet confidence in the money supply is a recent phenomenon: prior to the Civil War, the United States did not have a single, national currency. Instead, countless banks issued paper money in a bewildering variety of denominations and designs - more than ten thousand different kinds by 1860. Counterfeiters flourished amid this anarchy, putting vast quantities of bogus bills into circulation.