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To: SoCal Pubbie
The inflation rate in 1861 was 6.02%.

I do not know what the inflation rate was in 1861, and it would take a great deal of data and math to convince me that anyone has a good idea of what was the inflation rate in 1861. Certainly the price of cotton went way up, and i'm sure a lot more than 6.02%.

I have come to distrust information that favors the narrative of the ruling class. I've seen the ruling class lie too often to simply accept what they claim as true.

986 posted on 08/25/2021 9:30:19 AM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: DiogenesLamp
Certainly the price of cotton went way up, and i'm sure a lot more than 6.02%.

Which would impact the U.S. economy how exactly?

I have come to distrust information that favors the narrative of the ruling class.

Except when it supports whatever you're claiming at the moment.

990 posted on 08/25/2021 10:02:22 AM PDT by DoodleDawg
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To: DiogenesLamp

Here you go:

https://www.in2013dollars.com/inflation-rate-in-1861

To recap:

The reason for secession was the South’s desire to preserve slavery.

The trigger for secession was the election of Abraham Lincoln, which fed fear of the abolitionist foundation of the Republican Party.

The American Civil War began when units of the South Carolina Militia fired upon a Union fort in Charleston harbor.


991 posted on 08/25/2021 10:38:46 AM PDT by SoCal Pubbie
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