The hyperinflation of the Revolutionary War period was in part caused by the issuance of paper money with a face value in the ______ of dollars.

Question

Quizplus · Accepted Answer

During the Revolutionary War period, the Continental Congress and the states issued large amounts of paper money to finance the war effort, leading to hyperinflation. The total face value of the money issued was in the hundreds of millions of dollars.

The Hyperinflation of the Revolutionary War Period Was in Part