Greenback Movement

The Greenback Movement was a political and economic movement in the United States during the late 19th century, primarily from the 1860s to the 1880s. It advocated for the use of paper currency, known as "greenbacks," issued by the government rather than gold and silver. Supporters believed this would help farmers and working-class Americans by increasing money supply and easing debt burdens. The movement was part of a broader struggle against deflation and economic hardship, particularly after the Civil War. Ultimately, it contributed to discussions about monetary policy and the role of government in the economy.