Section: Reading

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Why was the “day of redemption” so anticlimactic?

1. A: people assumed that the paper money was still valuable
2. B: there was confusion about which day it was
3. C: people didn’t have very much paper money
4. D: there was not enough gold to mint new coins
5. E: no one knew where to take their money

People still had enough faith in the government to believe that their paper money was “good as gold.”