The German Revolutionary War - A Brief History of the German Revolution

In 17 76, if you're american, the significance of that year is probably not lost on you. The british empire was extremely wealthy and paid a lot of money for these troops. But how do you pay wilhelm for his men? You can't send him british money, british pounds, because what's he going to do with that? So let's say wilhelm sells his soldiers to britain for a million pounds. They give him ten thousand pieces of paper that say, this is worth 100 pounds in london,. He then sells those papers to local bankers for maybe 90 % of their value. This is called discounting. And for a