When the EIC and its corrupt allies in Parliament and the government ministry precipitated a world credit crisis in the 1770s, Americans were made to suffer and pay for it. Unreasonable demands on the imperial economy were especially evident in the case of the business affairs of the EIC, the greatest corporate monopoly in recorded history up to that time. If corrected for inflation and fluctuations in the value of money, the EIC would be rated among...
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History