ARP222 Congress 1779 - Mo Money, Mo Problems

American Revolution Podcast

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2+ y ago 33:22

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The Continental Congress uses 1779 to debate the terms of a peace treaty or compensation for the army. They have difficulty reaching any consensus. At the same time, Congress continues to emit paper Continental dollars which no one wants to accept. The ensuing inflation threatens to bring down the economy and the war effort.

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Book Recommendations of the Week: Liberty is Sweet: The Hidden History of the American Revolution, by Woody Holton.

Online Recommendation of the Week: The Continental Dollar: Initial Design, Ideal Performance, and the Credibility of Congressional Commitment, 2013: https://www.eh.net/eha/wp-content/uploads/2013/11/Grubb.pdf

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