ABA Banking Journal Podcast

← ABA Banking Journal Podcast8. Okt. · 34 Min.

The birth of American money and how it triggered a revolution

The birth of American money and how it triggered a revolution8. Okt.34 Min.

The latest episode of the ABA Banking Journal Podcast — presented by Agri-Access — features historian Andrew David Edwards, author of Money and the Making of the American Revolution. Edwards discusses:

How the American colonies developed monetary systems based on temporary "bills of credit" in the absence of hard-money currency. Why British leaders rejected this form of money and attempted to bring the colonies into their global imperial financial order. The role of monetary pressures in driving dissatisfaction with British rule and uniting the colonies. The challenges the Continental Congress faced in financing the American Revolution, and how the establishment of America's first bank helped turn the tide of the war.