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Birth of a MarketThe U.S. Treasury Securities Market from the Great War to the Great Depression$
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Kenneth D. Garbade

Print publication date: 2012

Print ISBN-13: 9780262016377

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262016377.001.0001

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PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 19 January 2021

Treasury Finance during World War I

Treasury Finance during World War I

Chapter:
(p.48) (p.49) 4 Treasury Finance during World War I
Source:
Birth of a Market
Author(s):

Kenneth D. Garbade

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262016377.003.0004

This chapter provides an overview of Treasury finance during World War I. It begins with a brief chronology of the war, which is important because the course of the war drove everything else. It then examines the costs of the war and how Treasury officials financed American participation.

Keywords:   Treasury financing, costs of war, monetary policy, financing

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