The Greenback Party, active in the late 19th century, advocated for the use of "greenbacks," which were paper currency issued by the U.S. Treasury during the Civil War. They sought to increase the money supply to stimulate the economy and help farmers and laborers who were struggling with debt and deflation. The party opposed the gold standard and favored a system that allowed for more flexible currency issuance to promote economic growth and alleviate financial hardship.
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