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Bookmark or Share- Liberty bond - WikipediaA liberty bond or liberty loan was a war bond that was sold in the United States to support the Allied cause in World War I. Subscribing to the bonds became a symbol of patriotic duty in the United States and introduced the idea of financial securities to many citizens for the first time.
- Liberty Bonds: What They are, How They Work - InvestopediaA Liberty Bond is a debt obligation issued by the U.S. Department of the Treasury in conjunction with the Federal Reserve. Also known as a Liberty Loan, it was a war bond, issued in four ...
- Liberty Bonds | Federal Reserve HistoryFor this war, the federal government relied on a mix of one-third new taxes and two-thirds borrowing from the general population. Very little new money was created. The borrowing effort was called the “Liberty Loan” and was made operational through the sale of Liberty Bonds.
- Selling World War I: "Buy Liberty Bonds!" 1917-1919By the end of the war, 20 million people had purchased Liberty Bonds. Seventeen billion dollars was raised through the sale of Liberty Bonds and $8.8 billion was raised through taxation. Propaganda posters advertising the sale of Liberty Bonds were crucial to the fundraising efforts.
- Liberty Bonds: Unraveling Their Historical Impact, Investment ...A Liberty Bond, or Liberty Loan, stands as a testament to the intertwining of finance and patriotism in American history. Issued by the U.S. Department of the Treasury in collaboration with the Federal Reserve, these bonds played a crucial role in funding the U.S.’ participation in World War I and supporting the Allied war effort in Europe.
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