Currency Act than what was taxed out of circulation, the currency depreciated in relation to the British pound sterling. The resultant inflation was harmful to merchants in Great Britain, who were forced to accept the depreciated currency from colonists for payment of debts. The Act limited the future issue of bills of credit to certain circumstances. It allowed the existing bills to be used as legal tender for public debts (i.e. paying taxes), but disallowed their use for private debts (e.g. for paying merchants). The Currency Act 1764 (4 Geo. III c. 34) extended the 1751 Act to all of the British
Fools Gold/What the World Is Waiting For Fools Gold/What the World Is Waiting For "Fools Gold" and "What the World Is Waiting For" are two songs by British rock band the Stone Roses. They were released together as a double A-side single on 13 November 1989 through Silvertone Records. "Fools Gold" would go on to appear on certain non-UK versions of their self-titled debut studio album (1989). "Fools Gold" became the band's biggest commercial hit at the time. It was their first single to reach the top ten of the UK Singles Chart and stayed in the top-75 for fourteen weeks, peaking at number eight. "Fools Gold"