How the American Revolution was Financed with Paper Money
7pm-8pm ET | 4pm-5pm PT
April 8, 2026
Hosted by Dr. Farley Grubb, this program examines how the Second Continental Congress financed the American Revolution. From mid-1775 to early 1776, Congress debated multiple options before choosing to issue paper Continental dollars structured as zero-coupon bearer bonds. Dr. Grubb explains how this system was designed to work, why it was initially a rational solution, and how later wartime pressures led to poor financial decisions that ultimately caused the collapse of the Continental dollar.