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sep 1, 1764 - The Currency Act

Description:

The Currency Act was implemented by the British to prohibit colonies from printing paper money. This act was put into place to control the inflation issue and protect creditors. This law made work for debtors difficult, and many colonists disagreed with the act because they felt as if the British government was interfering with the American right to self-government, which caused increased resentment to the British empire.

Added to timeline:

Date:

sep 1, 1764
Now
~ 261 years ago

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