The $8 Billion Ghost
The Forgotten Financier of the American Revolution
Discover the extraordinary story of Haym Salomon, the Polish-Jewish financier who single-handedly kept the American Revolution alive through his personal wealth, financial innovation, and unwavering commitment to liberty. Learn how his constitutional principles still protect your rights today.
Who was Haym Salomon?
A Polish-Jewish merchant and financier who became the primary financial backer of the American Revolution, personally lending over $8 billion (in today's dollars) to the Continental Congress.
Why was he important?
Without Salomon's personal wealth and financial innovation, the American Revolution would have failed. He financed troops, equipment, and operations when the government had no money.
What happened to him?
He died in poverty in 1785, his loans to the government never repaid. The government repudiated its debts to him, setting a precedent that continues today.
Why should I care?
Salomon's case reveals how government debt repudiation violates the Fifth Amendment and enables government overreach. His principles protect your rights today.
Key Concepts
Supreme Court Cases
This is Educational Content
This module is designed to educate about constitutional principles and historical events. It is not legal advice. For specific legal situations, consult with a qualified constitutional attorney.