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1873: The year America ditched silver as money and all hell broke loose artwork
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1873: The year America ditched silver as money and all hell broke loose

Behind The Money with the Financial Times by Topher Forhecz

Sep 2, 202641:23Business

In 1873, Ohio senator John Sherman quietly helped pass a law that stopped Americans from turning silver into official US money. The consequences were huge: years of economic pain and political turmoil that earned it the...