continental currency inflation

continental currency inflation
ист., амер. инфляция континентальной наличности* (обесценение денег в североамериканских колониях Англии в 1777-1780 г.; было связано с выпуском бумажных денег — "континентальных долларов" Континентальным Конгрессом, самопровозглашенным высшим органом власти США до дипломатического признания независимости Соединенных штатов, эти деньги не внушали доверия в условиях неопределенности военного и революционного времени и неполной легитимности Конгресса)
See:

Англо-русский экономический словарь.

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