The Origin of the U.S. Dollar

In the 18th Century, there weren’t official exchange rates for currencies. Before and during the American Revolution, in the Thirteen Colonies there were at least 17, that’s right, 17 different…

Read More

Not Worth a Continental

Before the Battle of Lexington and Concord, currency (paper money) and specie (coins) were regulated by the British Parliament. In 1751, 1764 and as late as 1773, British Currency Acts…

Read More

Economic Crisis of the 1780s

Once the celebrations over the signing of the Treaty of Paris were over in the new United States, reality set in. The government was deeply in debt to its citizens…

Read More

Beer and Freedom

Most people would never associate the two words, but they are closely related. Ben Franklin wrote “in wine there is wisdom, in beer there is freedom and in water, only…

Read More