Farley Grubb (2024)
Multi-Media Summary
Congress created a new paper money in 1775, the Continental Dollar, to finance the Revolution. They had to make choices about the structure of this money, including whether it would be a standalone money or part of a currency union of state paper monies; whether it would be an interest-bearing bond or a zero-coupon bond; when and how the money would be redeemed or paid off; whether it would be a legal tender or not; and what denominational spacing and value size the bills would be. Grubb will explain what choices were made and the reasoning behind and importance of these choices. Speaker: Farley Grubb.
