ALLIED MILITARY CURRENCY OF THE SECOND WORLD WAR; A STUDY IN EMERGENCY PAPER MONEY

Abstract

Paper money originated in times when gold and silver coinage were in short supply and therefore, in a sense, all paper money is a substitute for specie. However, there have been circumstances when even the supply of paper money was inadequate. On such occasions various forms of emergency money have made their appearance.

Keywords

• Paper money
• gold and silver coinage
• various forms of emergency money
• CURRENCY