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Inflation for the CSA


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8milereb

Sat Jul 12 2008, 06:38PM

Registered Member #2

Joined: Thu Jul 19 2007, 03:39PM
Posts: 1030

By the end of 1862 the economy of the South had become umanageable and the rate of inflation was increasing between 10 and 15% each MONTH. By the end of the war, the rate of inflation in the Confederate States had increased an astoudning 9,000 %

And we think we have it bad now?


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