The Revolution’s Paper Money Legacy
After Lexington and Concord, Congress had a war on their hands and needed a way to finance it. The Americans were in large measure tax rebels, so taxation of their own would have to wait. After giving some thought to borrowing, Congress decided instead to call upon their old friend, the printing press. The colonists […] The post The Revolution’s Paper Money Legacy appeared first on LewRockwell.
The skinny
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