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SheilaT

(23,156 posts)
11. While the whole thing with banking and the like
Wed Oct 8, 2014, 02:11 PM
Oct 2014

was not around in the 19th century, the lack of actual money was, as I understand it, a problem. Plus, the railroads had a total monopoly on getting goods to market, and often charged freight rates that meant the farmers saw very little profit at all. So what money there was went into the pockets of the rich back then.

It's just that there's an awful lot more money around to go into those pockets these days.

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