Causes of the American Revolution

October 24th, 2007

Benjamin Franklin:

The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary War.

Monetary policy is more important than most people think, it changes history not just inflation. There’s a wonderful article that I can’t find right now about monetary policy and the fall of the roman empire too.