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Everything. Literally. Everything. The financial state of the US was a complete train wreck. Different states printed their own money. The exchange rates were different depending on the state you were in. The new nation tried unsuccessfully to print a national currency, but it didn't work. They were in debt, terrible, terrible debt, and tried to print more money. It didn't work either.

The US did not start using the dollar until the early 1790s when Alexander Hamilton became Secretary of the Treasury, and successfully sorted out the entire US financial problem. But for the seven years after the Treaty of Paris the US' finance was in a terrible state indeed.

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9y ago
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16y ago

Paper money paper money

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Q: What official types of money did people use in the US immediately after the revolutionary war?
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