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Episode Info: All the way back from 2014, another blast-from-the-past Vintage DHP episode, reissued on the public feed for a limited time only!Join CJ as he discusses:How, in the aftermath of the Revolutionary War Continental Dollar inflation, most of the Founding Fathers were soured on paper money, and took the opportunity of writing a new Constitution to reinstate a hard money (specie) standard The loopholes that remained within the system even after hard money was written into the Constitution that allowed the banksters to still inflate to their own advantage The Coinage Act of 1792 and its effect on the definition of US money How banks (especially central banks) still created some inflation thanks to the ‘magic’ of “fractional reserve banking”, and also sparked business cycles – though by today’s standards the US dollar’s value was remarkably stable overall How the not-so-Civil War spelled changes in American money that were just as dramatic as the changes the war wrought in so many other arenas, with the Union experiencing high inflation, and the Confederacy experiencing hyperinflation Support the Dangerous History Podcast via Patreon, SubscribeStar, or Bitbacker.CJ’s official DHP Amazon Wish ListOther ways to support the showThe Dangerous History Podcast is a member of the Recorded History Podcast Network, the Dark Myths Podcast Collective &’s podcast roster.CJ’s Picks: Amazon Affiliate LinksA History of Money and Banking in the United States: The Colonial Era to World War II by Murray RothbardThe Creature from Jekyll Island: A Second Look at the Federal Reserve by G. Edward Griffin Learn more about your ad choices. Visit ...
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