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August 1, 2025
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dec 1, 1750 - Currency Act

Description:

[1751]

cause: greedy Brits wanted to control colonial money & they didn't trust colonial paper money

effects:
- Rapid devaluation of $$$
- Angered Americans, who believed this was just to benefit British traders/merchants

Prohibited printing of paper money in New England

Added to timeline:

26 days ago
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0
125

Date:

dec 1, 1750
Now
~ 274 years ago