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:
I don't care what they had to say about it. Show me the money. People lie. Money always tells the truth.
If you want to get to the truth, follow the money. It is exactly what DOGE is doing right now.
The *LIBERALS* (Republicans in 1860, Democrats today) have *ALWAYS* used government power to make themselves wealthy, and usually at the expense of others.
Modern Liberals pretend to care about illegals in the same way 1860 Liberals pretended to care about slaves.
What they really care about is having government power so it can impose laws that put money into their pockets.
It is what Washington DC has always done since the 1820s, and it is how the original secession crises of 1828 occurred.
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.
I wouldn't just accept what historians claim on the issue. You can't trust anyone to tell you the truth because they are all trying to "help" their side look virtuous. The same way liberals manipulate economic numbers today was the same way they manipulated them in the 1860s and 1870s.
During the Civil War, Confederates suffered some 9,200% inflation, meaning that by the war's end, their money was virtually worthless.
A meaningless point. They lost the war, so of course their currency is worthless. This speaks not at all to what it would have been worth if the Union had simply stayed on it's side of the border instead of invading people trying to get away from it.