What was the problem with paper money when it was ﬁrst used in the 1700s?

asked Jun 1, 2021 19.9k views

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2 votes

Answer:

the struggle becomes more confusing when you learn that before the revolution each colony had a distinct currency

Splash answered Jun 3, 2021

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3 votes

Answer:

they could not be exchanged for a fixed amount of gold or silver coins upon demand.

Step-by-step explanation:

Gal Dreiman answered Jun 6, 2021

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