[DiogenesLamp]

And yet... we know exactly what actually happened when your "700 million per year" was deleted from Union GDP and tariff revenue numbers.

Beside the point. The *FEAR* of losing that money is the *CAUSE* of the North invading the South.

Also, they started faking financial data during the Civil War. Greenbacks were just fake money.

[BroJoeK]

DiogenesLamp: "The *FEAR* of losing that money is the *CAUSE* of the North invading the South."

Friend, you're a typical Democrat, projecting your own feelings onto your political opponents, regardless of what they themselves had to say about it.

DiogenesLamp: "Also, they started faking financial data during the Civil War.
Greenbacks were just fake money."

On Civil War inflation:

1. During the Civil War the Union suffered roughly 75% inflation, meaning the 1860 GDP of $4.3 billion would be $7.6 billion in 1865.
   The Union's actual 1865 GDP was $10 billion meaning its actual GDP grew at 8% per year, more than inflation, during the war.

2. During the Civil War, Confederates suffered some 9,200% inflation, meaning that by the war's end, their money was virtually worthless.