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View single post by chris | |||
Posted: Sun Nov 19th, 2017 08:10 pm |
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chris Wrench spinner ![]() Joined: Thu Oct 5th, 2017
Location: Leigh On Sea
Posts: 642
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I believe it was the British merchants rather than the bankers that agitated for the Currency Act of 1751 because the colonies were issuing more paper money than was backed by bullion and which depreciated rapidly. At the end of the day it is always the profit line that drives politics.
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