The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a monetary “bait-and-switch.”Original article: <a href="https://mises.org/mises-wire/continental-bait-and-switch">https://mises.org/mises-wire/continental-bait-and-switch</a>

The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a monetary “bait-and-switch.” Original article: https://mises.org/mises-wire/continental-bait-and-switch

The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a monetary “bait-and-switch.”Original article: <a href="https://mises.org/mises-wire/continental-bait-and-switch" rel="noopener noreferrer">https://mises.org/mises-wire/continental-bait-and-switch</a>

The Continental Bait-and-Switch

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The Continental Bait-and-Switch

The Continental Bait-and-Switch