Confederate Currency Act

GPTKB entity

Properties (51)
Predicate Object
gptkbp:instanceOf legislation
gptkbp:associatedWith Confederate_economy
gptkbp:currency government bonds
various denominations
subject to market forces
paper money
through banks
subject of political debate
faced numerous challenges
not backed by gold
declined over time
used for transactions
limited acceptance
high inflation rate
questioned by citizens
designated as legal tender
distributed through banks and agents
impacted society during the war
increased counterfeiting risks
influenced by economic needs
involved legislative debates
led to calls for reform
led to speculation
no fixed expiration date
part of broader financial legislation
part of economic policy during the war
public perception varied over time
traded at discounts
Confederate_States_notes
Treasury_of_the_Confederate_States
ended_with_the_Confederacy
legacy_of_Confederate_financial_practices
part_of_Confederate_financial_history
gptkbp:economicImpact affected daily life
gptkbp:enactedBy gptkb:Confederate_States_of_America
Subsequent legislation
gptkbp:financials regulated_by_the_Treasury_Department
gptkbp:historicalContext context_of_Civil_War_economy
gptkbp:historicalImpact historical impact on post-war economy
gptkbp:historicalSignificance reflects wartime economic policies
https://www.w3.org/2000/01/rdf-schema#label Confederate Currency Act
gptkbp:impact inflation
gptkbp:influencedBy economic conditions
gptkbp:ledTo counterfeit issues
gptkbp:legislation passed_by_Congress_of_the_Confederate_States
gptkbp:primaryMission funding the war effort
gptkbp:purpose to authorize the issuance of currency
gptkbp:relatedTo gptkb:Civil_War
gptkbp:replacedBy new currency acts
gptkbp:resultedIn devaluation of currency
gptkbp:yearEstablished 1861