The birth of American money and how it triggered a revolution

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.