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What was the value of Confederate money during the Civil War?
Confederate money lost value during the Civil War due to inflation caused by the Confederate government printing more money than it could back with gold or silver. This led to a significant decrease in the purchasing power of Confederate currency.
Are Japanese money during World War 2 still negotiable?
No. But some of it has value as a collectable.
Why was Confederate money rendered worthless during the Civil War?
Confederate money became worthless during the Civil War because the Confederate government printed too much of it, causing hyperinflation and a loss of confidence in its value.
Is there any value to German money from world war 2?
there is value to german money from ww2 but only because it's money
Did money during the American Revolution increase in value?
During the American Revolution, the value of money generally decreased due to rampant inflation and lack of backing for currency. The Continental Congress issued paper money, known as Continental Currency, to fund the war, but its overproduction led to a significant loss of value, famously resulting in the phrase "not worth a Continental." As the war progressed and economic instability grew, the purchasing power of money diminished, making it increasingly difficult for people to cope with rising prices and shortages.
What was the value of Confederate money during the Civil War?
Confederate money lost value during the Civil War due to inflation caused by the Confederate government printing more money than it could back with gold or silver. This led to a significant decrease in the purchasing power of Confederate currency.
Are Japanese money during World War 2 still negotiable?
No. But some of it has value as a collectable.
Why did The value of the money during the revolutionary war plummet?
there wasn't enough silver or gold to back it up
Why was Confederate money rendered worthless during the Civil War?
Confederate money became worthless during the Civil War because the Confederate government printed too much of it, causing hyperinflation and a loss of confidence in its value.
Did japan have money during World War 2?
No they burned it all and used rocks for currency. The bigger the rock the more value.
Is there any value to German money from world war 2?
there is value to german money from ww2 but only because it's money
Why has it hard to get money during the war?
Because when it's war
How did people earn money during the Civil War?
they printed lots of money for war suplies
Did money during the American Revolution increase in value?
During the American Revolution, the value of money generally decreased due to rampant inflation and lack of backing for currency. The Continental Congress issued paper money, known as Continental Currency, to fund the war, but its overproduction led to a significant loss of value, famously resulting in the phrase "not worth a Continental." As the war progressed and economic instability grew, the purchasing power of money diminished, making it increasingly difficult for people to cope with rising prices and shortages.
What was a problem caused during the revolution when Congress borowed money for war?
Inflation happened. The value of the dollar decreased.
Did the British use counterfeited money during the revolutionary war?
Yes. The British issued counterfeit Continental money during the Revolutionary War.
Does the value of money decrease during recession?
yes
