{"product_id":"the-continental-dollar-farley-grubb-9780226826035","title":"The Continental Dollar: How the American Revolution Was Financed with Paper Money","description":"\u003cb\u003eAn illuminating history of America's original credit market.\u003c\/b\u003e \u003cp\u003e\u003c\/p\u003e\u003ci\u003eThe Continental Dollar\u003c\/i\u003e is a revelatory history of how the fledgling United States paid for its first war. Farley Grubb upends the common telling of this story, in which the United States printed cross-colony money, called Continentals, to serve as an early fiat currency--a currency that is not tied to a commodity like gold, but rather to a legal authority. As Grubb details, the Continental was not a fiat currency, but a \"zero-coupon bond\"--a wholly different species of money. As bond payoffs were pushed into the future, the money's value declined, killing the Continentals' viability years before the Revolutionary War would officially end. \u003cp\u003e\u003c\/p\u003e Drawing on decades of exhaustive mining of eighteenth-century records, \u003ci\u003eThe Continental Dollar\u003c\/i\u003e is an essential origin story of the early American monetary system, promising to serve as the benchmark for critical work for decades to come.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Farley Grubb\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0226826031\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780226826035\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e University of Chicago Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/06\/2023\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 296\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.65lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.10w x 0.60d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 01\/01\/2024","brand":"Farley Grubb","offers":[{"title":"Hardcover","offer_id":44069594398975,"sku":"9780226826035","price":65.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_753188dd-fa00-44de-bd6b-56ffbbe3efe0.jpg?v=1685425517","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-continental-dollar-farley-grubb-9780226826035","provider":"WR Book House","version":"1.0","type":"link"}