36.9k views
0 votes
Why did continental dollars become worthless ?

1 Answer

6 votes

Answer:

Continentals refers to paper currency issued by the Continental Congress in 1775 to help fund the American Revolutionary War. Continentals quickly lost value, partly because they were not backed by a physical asset like gold or silver, but also due to the fact that too many bills were printed

User Christian Smorra
by
5.7k points