Social Sciences and the Law

Has fiat money been used in the past?

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Earlier, less stable examples of fiat paper money were the continentals issued by the American government during the Revolutionary War, the assignats issued during the French Revolution, and the greenbacks issued by the U.S. government during the Civil War.

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Similar questions: When in America's history was fiat money used? When has fiat money been used in America? What are some other examples of fiat money? [ Hide these questions ]

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