The internal continental debt begins: The Second Continental Congress passes the Certificate Act, authorizing the borrowing of 5,000,000 Continental Dollars (Bills of Credit).
[added 2/6/2021]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Journals of the Continental Congress, 1774-1789
memory.loc.gov/cgi-bin/ampage?collId=lljc&fileName=005/lljc005.db&recNum=429&itemLink=r%3Fammem%2Fhlaw%3A@field%28DOCID%2B@lit%28jc0051%29%29%230050001&linkText=1
U.S. Banking Timeline
libertyforlife.com/banking/currency-us-timeline.html
Current U.s. National Debt:
