[WhiskeyPapa]

Lincoln solved the financial crisis by printing "Greenbacks" out of thin air. The foreign exchange value of the Dollar sunk to 30% of its pre-war value.

What was the confederate dollar worth by the end of 1864?

In Richmond? Five bucks for a stick of firewood, $500 for a barrel of flour.

Walt

[Non-Sequitur]

In other words with all that cotton and all that wealth the confederate dollar in 1864 was worth somewhere between zilch point squat and nothing? Makes 30% look pretty damned good to me, what with nothing to export and all.