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The History Of U.S. Dollar
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The History Of U.S. Dollar

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Done by Iana Potrimba, FB ASEM, 2009

Done by Iana Potrimba, FB ASEM, 2009

Published in: Economy & Finance, Education
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  • Thanks
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  • thanks.. there are many of good info there ,
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  • Very Great Information.

    The History Of U.S. Dollar is so informative.

    View my real estate sites

    http://www.realestatewebprofits.com/
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  • (slide 2) the word thaler itself isn't start for the money chain. According to J. Burke thaler is a slang word. It describes a coin produced in [here the name] tal. Tal is German word for valley. The mint was placed there.

    (slide 5) how come bimetallic -> gold standard but still 'silver paid..'?

    (slide 8) no explanation why 1776 if slide 3 reports 1792. Nationhood and money aren't necessarily linked for general public.
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  • 1. THE HISTORY OF U.S. DOLLAR Made by: I ana Potrîmba & Crivcea n schi Valeriu
  • 2. From Thalers to Dollars
    • English Thaler;
    • The Scandinavia Daler;
    • The United States Dollar.
  • 3. Main periods of the United States Dollar
    • Coinage period  bimetallism
    • From 1792 to 1873 dollar was freely backed by both gold and silver at a ratio of 15:1
    • Therefore, in 1834, the 15:1 ratio was changed to a 16:1 ratio.
  • 4. 2.Gold standard
    • gold the sole legal-tender coinage
    • Under the post- World War ll Bretton Woods system , all other currencies were valued in terms of U.S. dollars and were thus indirectly linked to the gold standard. ( Currencies  Dollars  Gold )
    • Enough gold for the entire world?
  • 5. 3.Fiat Money
    • In 1963 the words "WILL PAY TO THE BEARER ON DEMAND" were removed from all newly issued Federal Reserve notes . (IN SILVER PAYABLE TO THE BEARER ON DEMAND)
  • 6. Value of the U.S. dollar
  • 7. One Dollar Bill today
  • 8.
    • ANNUIT COEPTIS, means,
    • ‘ God has favored our undertaking.’
    • The Latin below the pyramid, NOVUS ORDO SECLORUM, means,
    • ‘ a new order has begun.’
    • At the base of the pyramid is the Roman Numeral for 1776. (MDCCLXXVI)
  • 9.
    • The Bald Eagle was selected as a symbol for victory for two reasons:
    • First, he is not afraid of a storm; he is strong, and he is smart enough to soar above it.
    • Secondly, he wears no material crown. We had just broken from the King of England.
  • 10. They say that the number 13 is an unlucky number…
    • -13 original colonies - 13 letters in ‘ E Pluribus Unum ’
    • - 13 bars on that shield - 13 steps on the Pyramid
    • - 13 stripes on the flag - 13 leaves on the olive branch
    • - 13 letters in ‘Annuit Coeptis ’ - 13 fruits
    • - 13 signers of the Declaration - 13 stars above the Eagle
    • of Independence - 13 arrows.
  • 11. Interesting facts Woodrow Wilson $100,000 Salmon P. Chase $10,000 James   Madison $5,000 Grover Cleveland $1,000 William McKinley $500 Benjamin Franklin $100  Ulysses S. Grant $50 Andrew Jackson $20 Alexander Hamilton $10 Abraham Lincoln $5 Thomas Jefferson $2 George Washington $1     President   Denomination of Bill
  • 12. Did You Know…
    • That the $500 , $1000 , $5000 and $10,000 bills have not been printed since 1 946?
    • That i t costs only 4.1 cents to make a $1 bill . It costs the same thing to make a $100 bill ?
    • That if we laid each current U.S. bill printed side by side they would stretch around the earth's  equator about 24 times ?
    • That to have your picture on a bill, you must be known for something you have done for USA and you must be deceased? =D
  • 13. New words
    • Minted
    • Anglicized
    • Endorse
    • Intrinsic
    • Revoke
    • Suspend
    • Redemption
    • Seal (n)
    • Beak (n)
    • capstone
  • 14. Questions
    • 1.What interesting facts did you remember about the U.S dollar?
    • 2. In accordance with what the value of dollar went down so dramatically?
    • 3. How did the word “dollar” evolve?
    • 4. What can you tell about the symbols on the dollar?

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