what caused the currency act of 1764
The Currency Act of 1764, is simply an extension of the 1751 Act. It prohibited all of the colonies from creating new currency (not just New England) and allowed current paper money to only be used for public debt. This caused a lot of personal loss in funds and created many problems at a person level for the colonists.he Currency Act of 1764, is simply an extension of the 1751 Act. It prohibited all of the colonies from creating new currency (not just New England) and allowed current paper money to only be used for public debt. This caused a lot of personal loss in funds and created many problems at a person level for the colonists.