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The Continental Dollar: How the American Revolution was Financed with Paper Money--Initial Design and Ideal Performance

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NBER2013-10-01 更新2025-01-04 收录
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The purpose of this paper is to convince the reader that the Continental dollar was a zero-interest bearer bond and not a fiat currency--thereby overturning 230 years of scholarly interpretation; to show that the public and leading Americans knew and acted on this fact, and to illustrate the ideal

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2013-10-01
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