💲Dollar Diaries: A Fun Ride Through American Currency History | Erudites' Espresso #34
Did you know that the U.S. dollar was originally based on the Spanish silver dollar? Or that the first paper money issued by the U.S. government was called Continental currency? Or that the dollar sign was officially adopted in 1785? In this video, we’ll take you on a journey through the history of the U.S. dollar, from its origins in the colonial era to its modern role as the world’s primary reserve currency. You’ll learn about the Coinage Act of 1792, the National Banking Act of 1863, the gold standard, the Federal Reserve System, and more. You’ll also see how the design and security features of U.S. banknotes have evolved over time. Whether you’re a history buff, a money lover, or just curious, this video will give you a new appreciation for the U.S. dollar and its place in the global economy.
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