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Journal Article

When Banking Was 'Free'


Abstract: From 1837 until the Civil War, currency issuance and banking were left to the states. Can this era offer lessons for today's cryptocurrency boom?

Keywords: civil war; cryptocurrency; economic history;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Econ Focus

Publication Date: 2018

Issue: 1Q

Pages: 28-30