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INTEREST-BEARING CURRENCY AND LEGAL RESTRICTIONS THEORY：LESSONS FROM THE SOUTHERN CONFEDERACY
LEGAL RESTRICTIONS THEORY non-interestbearingnotes interest-bearingcurrency
2008/11/10
Instances of interest-bearingcurrency are relatively rare. The
Southern Confederacy issued both interest-bearingand non-interestbearingnotes
duringthe Civil War. The two types of notes apparently
c...