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When did the US start borrowing money?

Updated: 9/17/2019
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Wiki User

12y ago

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The Massachusetts Bay Colony issued the first paper money in 1690. The colonies would later form the United States.

The first federally-issued paper money was printed in 1861 and 1862, to help pay for the Civil War.

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Maeve Christiansen

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1y ago
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Natasha Sporer

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2y ago

the Chinese started using paper in the 9th century

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Q: When did the US start borrowing money?
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