Nation Of Counterfeiters Capitalists Con Men And The Making Of The United States
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A Nation of Counterfeiters
Author | : Stephen Mihm |
Publisher | : Harvard University Press |
Total Pages | : 470 |
Release | : 2009-06-30 |
Genre | : History |
ISBN | : 0674041011 |
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Prior to the Civil War, the United States did not have a single, national currency. Counterfeiters flourished amid this anarchy, putting vast quantities of bogus bills into circulation. Their success, Mihm reveals, is more than an entertaining tale of criminal enterprise: it is the story of the rise of a country defined by freewheeling capitalism and little government control. Mihm shows how eventually the older monetary system was dismantled, along with the counterfeit economy it sustained.