How the Civil War Changed American Money

The Civil War changed the money Americans carried. Explore state banknotes, greenbacks, war bonds, and the National Banking Acts—and why United States notes and national banknotes were different kinds of paper money. 0:00 A dollar at the counter 2:20 An army cannot wait 4:48 The bond behind the note 7:13 The emergency that lasted Watch next: How China Turned Paper Into Money    • How China Turned Paper Into Money   Subscribe to Money, Power & Invention for original documentaries about the history of money. Sources: Federal Reserve History: National Banking Acts of 1863 and 1864 https://www.federalreservehistory.org... OCC: Founding of the National Banking System https://www.occ.gov/about/who-we-are/... U.S. Currency Education Program: History https://www.uscurrency.gov/history?pe... TreasuryDirect: Civil War public debt https://www.treasurydirect.gov/kids/h... Federal Reserve Bank of Philadelphia: State and National Banking Eras https://fraser.stlouisfed.org/files/d... Original research-based script and explanatory animation. Historical scenes and characters are AI-generated illustrative reconstructions, not archival footage. Banknotes and documents are explanatory designs, not exact artifact replicas. Cartesia Dallas stock voice; original ambient soundtrack. #HistoryOfMoney #EconomicHistory #History