Sunday, November 18, 2012

What is a Dollar? I've Never Held One.


The dollar bill is defined  very specifically by the Coinage Act of 1792. What we use today are Federal Reserve Notes, a fiat currency with no intrinsic value. Below is a great article on the topic by Dr. Edwin Vieira Jr. Happy learning! Don't forget to pass it on! :)


What is a dollar?

US Mint - Coinage Act of 1792

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