Currency Act Guide, Meaning , Facts, Information and Description
The Currency Act of 1764 prohibited the American colonies from issuing paper currency of any form. This offset the economy of the colonies and was widely opposed. The colonies created their own money before this happened. A lot of this money had no or little worth. Note: The Currency Act is not actually one of the Intolerable Acts, although they are closely related.There was also a Currency Act in 1751 which limited the amount of currency the American colonies could produce.