davagu0913 davagu0913
  • 06-04-2020
  • Business
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What was the problem with paper money when it was first used in the 1700s?

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Elynr
Elynr Elynr
  • 06-04-2020

Answer:

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

Explanation:

 

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mohaganny123
mohaganny123 mohaganny123
  • 06-04-2020

Answer:

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

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