The Solution to Economic Crisis : The Legal Tender Act of 1862

The Legal Tender Act of 1862 offers a blueprint solution to our current economic crisis. The U.S. Government issued its own currency rather then relying on banks. This allowed the North to finance and win the civil war while keeping the economy solvent. The same solution can be used today to bring the U.S. economy out of the greatest recession since the great depression

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Year of publication:	2011
Authors:	Paleveda, Nicholas A.
Publisher:	[2011]: [S.l.] : SSRN
Subject:	Wirtschaftskrise \| Economic crisis \| Finanzkrise \| Financial crisis

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Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 3, 2011 erstellt
Other identifiers:	10.2139/ssrn.1956699 [DOI]
Classification:	A10 - General Economics. General ; A20 - Economics Education and Teaching of Economics. General ; E40 - Money and Interest Rates. General ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; K40 - Legal Procedure, the Legal System, and Illegal Behavior. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013118662