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  • 31-01-2017
  • History
Answered

People in what financial condition were most likely to favor expansion of the currency supply with greenbacks? what sparked interest in greenbacks?

Verified Answer :

Anonymous Anonymous
  • 09-02-2017

Debtors pressured the government to redeem federal war bonds with greenbacks which would increase the amount of money in circulation. They wanted the money to expand and that couldn't happen when the gold-based money supply could not expand easily.

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