EPISODE · Oct 28, 2020 · 10 MIN
Mo'Money, Mo'Problems (from "On the Money")
from Virginia Humanities · host Virginia Humanities
Early currency wasn’t printed by the government, it was printed by individual banks. The banks could print as much money as they liked – even if they didn’t have the reserves to back it up. This made life easy for counterfeiters.
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Mo'Money, Mo'Problems (from "On the Money")
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