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Topic: Miscellaneous
Number of pages / Number of words: 7 / 1715
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This left only printing money. The drawback with this was that it led to hyperinflation. The more money the South printed the more inflation there was. In 1865, the annual inflation in the South had reached 9000%. The Confederates unending quest for liquid capital had ended in economic disaster.

The South's lack of liquid capital or inability to raise money was not its biggest economic problem...


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The Confederates unending quest for liquid capital had ended in economic disaster.

The South's lack of liquid capital or inability to raise money was not its biggest economic problem. The South's lack of gold to give an intrinsic value to its currency was probably its biggest problem. Instead of using gold to determine the money's value, the value was gauged on the public's belief of their winning the war...


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If the south had won If the south won J Money It'S Not Really The Money: Making Money From Inflation Money And Inflation Going South Getting By With More Than Money The South Why The Confederacy Wasn't Ready For War Why The South Wasn't Ready For War American Culture: Money! Money! Money! Money Some people think that governments should spend large amounts of money to explore outer space. Others think that this money should be used to improve life on earth south

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