The last time the United States issued war bonds was during World War II, when full employment collided with rationing, and war bonds were seen as a way to remove money from circulation as well as reduce inflation. ... Despite the war's hardships, 134 million Americans were asked to purchase war bonds to help fund the war.
These are the events that sparked the World War I: The assassination of Archduke Franz Ferdinand angered Austria. The nationalism of Serbia increased tensions in the Balkan peninsula. Alliances caused a chain of events that pulled each country into war.
