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OpenStudy (taylovesmatthew):

What had happened to paper money by the end of the war?

OpenStudy (kendricklamar2014):

http://en.wikipedia.org/wiki/Early_American_currency

OpenStudy (anonymous):

near the end of the war it became practically worthless

OpenStudy (taylovesmatthew):

Thank you.

OpenStudy (kendricklamar2014):

By the end of 1778, Continentals retained from 1/5 to 1/7 of their face value. By 1780, the bills were worth 1/40th of face value. Congress attempted to reform the currency by removing the old bills from circulation and issuing new ones, without success.

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