Date of Award


Degree Type


Degree Name

Honors Thesis



First Advisor

Peter Grossman


This thesis, "Northern Entrepreneur's Counterfeiting of Confederate Currency and The Impact It Had On Inflation" takes an in depth look at the history of counterfeiting the currency of the Confederate States of America during the Civil War by entrepreneurs who saw the introduction of a new currency as an opportunity to profit. The thesis begins by providing background information on several major counterfeiters and their actions before and during the Civil War, as well as other sources of counterfeit bills not normally considered by scholars. The thesis also looks at the effects that this illegitimate increase in the money supply may have had on inflation in the South during the Civil War as well as the legal ramifications that the counterfeiter’s actions had in the North.

Included in

Economics Commons