Continental currency in the amounts of $0.33 and $55, printed during the American Revolution. These
Continental currency in the amounts of $0.33 and $55, printed during the American Revolution. These notes, printed by the Continental Congress, quickly experienced runaway inflation, partially because the Congress simply printed too many. The British piled on, counterfeiting this currency in order to sabotage the American economy. After 3 years, there had been 500% inflation. By the end of the war, they no longer circulated as valid currency. {WHF} {HTE} -- source link
#history#currency#american revolution#inflation