In the book didacticism historical analysis of the sources of war independent in the U.S. have very many rules and values all just look back just abstract bring out the analysis and presentation. But here, we could see from another angle to learn deeper financial scene as well as its role in the kernel of it in this revolution.

Most of those who earn their living to My earliest are the very same people destitute, in addition to their luggage simply take them almost no property or money gi. At that time, in northern My people have not discovered the gold and silver mine large as the future, the source should monetary circulation in the market extremely deficits. Additionally ratio is entering the super-majority of the UK makes a large amount of jewelry in the first run on national land of fog, and as such things as heighten the status of payments deficit intensive traffic.

Most goods and services by the immigrant’s northern My lam from the laborious hardly have been unable to exchange efficiency by a deep deficit of money circulation, from which have caused serious hindrance to the development of the economy. To respond to the problem difficult decrypt this, you must have to use the currency instead of the other to initiate purchase and sale of goods. Such, these goods are accepted with high level of the skin and fleece, conch, tobacco, rice, buckwheat, corn used as a kind of money. Only own in north Carolina, from In 1715 already have more than 17 types of goods used as currency regulation (Legal Tender), the Government and people can use the goods and to initiate activities such as transaction close to rent, pay, purchase goods and services. Then all of the currency instead of the present spread evenly throughout winter pounds as a standard calculation. In actual operation, because the price, specifications, level of acceptance and nature can be stored a long time to keep our goods now different, so it’s difficult to measure the standard. At the level of any measure, they have been lamb van status intensive miss the first traffic is urgent, but it also created so that the status bottleneck for the development of the economy of goods.

What deficits first metal type in the future and the inconvenience in using these types of funds are currently the object instead prompted the Government exit from the error of thinking tradition, and begin an experiment entirely new: the first second type is called Colonial Scrip to print money - the standard kind of money is regulated the most. What’s the difference among the largest Currensies seconds compared with this bank checks are circulated in Europe is it does not have any kind of gold or silver yet guarantee that the money is a type of credit the Government. People in society are needed to pay taxes to the Government, which only needs the Government to receive this type of bill as proof of tax payment, it has the full basic factors to traffic on market .

This new type of money has indeed facilitate quickly impose a penalty of the economy in society, transactions of goods also grown increasingly busy.

At present, Adam Smith of the UK also pay attention to the cross currency testing this new Government colony in North America, and he was so clearly understand the role of hormone for greater trade and landing of the second type this, especially for North America are deficiency of the first metal type. He said, “The buying and selling based on information available to make these merchants can designate up to the credit balance between the parties per month or per year, and this has minimize the inconvenience (in translation). A second landing system is managed well, but not to create a convenient in use that can have many advantages in a number of scenarios that. ”

But a currency can not accept is a more natural enemy of the bank, because if you do not have the funds borrowed from the Government as the Government accepted the supply does not need to borrow the money metal type very capital deficits At the same time now, and as such, can result in the largest hands of the bank in the same moment to take powerful.

In the regulations of Benjamin Franklin came to the UK last year in 1763, when the owner of your bank He asked about the cause of development of the prosperous colony in Asia a new record, Franklin has replied that: “This is very single straightforward. Under land settlement, we issued currency of their own, called a ‘certificate colony’. We based on demands of commerce and industry to release an amount of currency pairs can, as a result, the product is easy to move from hand producers to consumer. Dung this method, we generate the kind of first seconds of their own, as well as guarantee the purchasing power of it, and (the Government) our not having to pay income whomever. ”

A new kind of course this should lead to the colony continent My escapism from the constraints of non-British national bank.

British banks to the enraged and started circulate action. British parliamentarian under no constraints of the bank has passed “Act currency” (Currency Act) last year in 1764, according to which, Parliament prohibits the state in the colony continent My printing and release the first seconds your own, as well as asking where the Government must use the entire gold and silver to close the taxes for the British national government.

Franklin has a way of describing pain about consequential economic gravity by this Act bring the state in xu colony as follows, “just in a year, the situation (settlement) has completely reverse, time ky prosperity ended, economic degradation to the level of serious street from the harbor to have overrun the dam unemployed people. ”

If the bank does not deprive the UK rights issue of currency xu colony, the people of the Parish colony would be happy to close the investigation taxes and other products. This draft has caused joblessness and chagrin. Parish colony can not be issued your currency, the word will not be able to escape from the constraints of non-monarch George de tam bank and an international way forever, is the main reason causing the war rankle established in the U.S.. ”

But you should expect to order construction should the United States of America have awareness relative discerning about clink of the Bank for England for its politics of the country and an English injustice to the people. Who complete ban “Declaration of Independence” My famous when only 33 tuổi was Thomas Jefferson - third president of the United States, who have a language question list alerts you that life:

If the final of the U.S. bank for private wow emission currency of the country but this bank will firstly through increased currency indulge in the development, then through the tightened currency to deprive property of the people, until one day, when their children provincial official, they have lost to housing tuoc reaching your land and that their father already cultivate wild opening phase.

After more than 200 years when listen again said this question had been Jefferson’s language last year in 1791, we still do not stagger off before being accurate to business people in his speech. Right now, the private bank indeed has issued more than 97% of the amount of circulating currency of the country My, My people indeed provide debtors bank account with money up to the number of telescopes - 44,000 ti-do My is - and perhaps one day when they do any calculation method of examination will also find that he has lost to reaching tuoc housing and property, just as already happens at the year 1929.

When reviewing centuries of history and the future, but people cope mighty U.S. has written out clearly in on 8 Chapter 1 of the Constitution of the United States that: “National Assembly has the right to print and regulation of values First eastern country. “

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