Our modern society shares a few characteristics with the 1800s. In the last two centuries, styles have changed, laws have evolved, and cities look entirely different. However, one thing that has prevailed is the way state and local governments finance public projects. Far from a new invention, municipal bonds have been shaping U.S. communities for more than 200 years. In today’s infographic looks back at their long history.
Source: https://www.visualcapitalist.com/municipal-bonds-build-nation/