"We Pledge Our Fortunes": Money and the Declaration of Independence
"And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, OUR FORTUNES, and our sacred Honor."
Why did the signers of the Declaration of Independence have to pledge their fortunes (their money) to the revolutionary cause?
How did unorthodox American ideas about money help win the Revolutionary War?
And were the Founding Fathers, in fact, the first crypto bros?
We explore these ideas in this episode about money, bills of credit, taxes and coinage in the 13 Colonies and the British Empire with economic historian...