How did the introduction of token currency cause a great loss to the government?
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Answer:
gold and silver was more valuable people started illegal minting all the token coins which the government was unable to control and thus the government finally decided to take back the token coins and in exchange give silver coins to people and thus, they suffered a heavy financial loss.
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Answer:
As gold and silver was more valuable people started illegal minting all the token coins which the government was unable to control and thus the government finally decided to take back the token coins and in exchange give silver coins to people and thus, they suffered a heavy financial loss.
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