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June 22, 1775: Continental Cash

June 22, 1775: Continental Cash

250 and Counting

June 22, 20252m 52s

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Show Notes

Cover art for June 22, 1775: Four Continental Dollars bill issued in November 1775. via University of Notre Dame archives

Here’s a hard economic reality: if you want to break away from a parent nation, you need to stop using their currency.

Here’s another one: if you’re going to issue currency, you certainly need to have the capital to back it up.

And you also don’t want to make it easy to counterfeit.

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