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19 April, 03:28

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

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  1. 19 April, 03:57
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    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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