Saturday, November 22nd, 2008

audio by title a nation of counterfeiters capitalists con men and the making of the united states

Inquiry: A NATION OF COUNTERFEITERS: CAPITALISTS, CON MEN AND THE MAKING OF THE UNITED STATES

Inquiry
A NATION OF COUNTERFEITERS: CAPITALISTS, CON MEN AND THE MAKING OF THE UNITED STATES

For most of the 19th Century, there was no federal control over currency in the United States. It was total monetary anarchy. Hundreds of independent banks designed and issued their own bills. Some of these banks were serious concerns, while others were just scams preying on a confused and unsuspecting populace. It was also a field day for counterfeiters who could easily fake bills from existing banks or simply create their own bogus bills.