This is not surprising to those who already know that every Fiat Currency (paper currency created as legal tender, by a government, which is not backed by a physical commodity such as gold) in the history of the world has eventually collapsed.
These failures also include previous attempts by the U.S. to use a fiat system of money.
It started in 1690 with Tenor notes. After their collapse in 1759 it was the Colonial notes.
Next was the Continental, issued by the Continental Congress to pay for the revolutionary war. They became so worthless that by 1781 they were no longer in circulation as money.
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