When did the United States federal government start printing paper money?

littleone522

In the early days of this nation, before and just after the American revolution, Americans used English, Spanish, and French currencies. The Massachusetts Bay colony issued the first paper money in the colonies which would later form the United States. Dec 22 00, 8:02 AM

MaggieG 5

When the Civil War began in 1861 the north needed currency so Congress passed a law authorizing the printing of $60 million of demand notes. These were declare legal tender even though they had no gold or silver backing. In 1862 they printed another $150 million. These United States notes were known commonly as Greenbacks because they were printed green on the front and back. http://www.socialstudieshelp.com/Eco_MoneyOutline.htm Apr 10 04, 2:26 PM