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In what country? All major countries issue paper money.

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12y ago

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Inflation caused Congress to stop issuing paper money.


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Which problem caused Congress to stop issuing paper money?

Oh, dude, Congress stopped issuing paper money because of this little thing called hyperinflation. Yeah, so basically, when they printed too much money during the American Revolution, it became worthless. Like, oops, guess they should've thought that one through a bit more, huh?


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People began making paper money to address the limitations of metal coins, such as their weight and bulkiness, making transactions cumbersome. Paper money was more portable and easier to produce, allowing for greater convenience in trade and commerce. Additionally, it facilitated larger transactions and helped standardize currency, enhancing economic efficiency and stability in growing economies.


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