The History of the Dollar

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Weird History

Weird History

Күн бұрын

Though the United States dollar was officially adopted in 1785, paper currency didn't fully enter circulation until the Civil War. The current appearance of modern US bills developed only after a long period of economic development based on commodities and coinage. The earliest form of currency used on the North American continent includes Native American beads and coins minted in Europe. Given the choice, which form of currency would you want to revisit? Does the barter-based wampum appeal to your sensibilities, or perhaps a gold and silver system that would literally weigh you down?
#USCurrency #USdollar #weirdhistory

Пікірлер: 492
@mts4611
@mts4611 Жыл бұрын
Although I was familiar with the history of the dollar, I KNEW this would be well worth the listen. No one's delivery and mix of sarcasm is a match to this dude's lol. I love it. On another note, that was actually a lot of information put into 12 mins, which proves people can EASILY give pertinent informational detail in a video without dragging it out unnecessarily.
@Luci-rv1hl
@Luci-rv1hl Жыл бұрын
Have you heard of Huggbees?
@anidiquaojala1804
@anidiquaojala1804 Жыл бұрын
💯❣
@andrealuisecandido1154
@andrealuisecandido1154 Жыл бұрын
we have € Euro no $ US Dollar no £ briTish pound no ¥ japanese yen ...?
@bjornolson6527
@bjornolson6527 Жыл бұрын
“Show Me the Money!!”
@susanrobinson910
@susanrobinson910 Жыл бұрын
Ahh, Weird History strikes again! This channel is always answering the questions I had no idea I had! 😊
@vonbarnes2700
@vonbarnes2700 Жыл бұрын
The American government has been making things complicated since the beginning of are country establishment " best quote ever
@kennethobrien6537
@kennethobrien6537 Жыл бұрын
Our*
@UnknownName5050
@UnknownName5050 Жыл бұрын
Can’t even spell our.
@simpleman5688
@simpleman5688 Жыл бұрын
Numbskull
@SKa-tt9nm
@SKa-tt9nm Жыл бұрын
I’m sure you would have done much better than the founding fathers.
@FendiYT
@FendiYT Жыл бұрын
@@SKa-tt9nmstop worshipling ppl u never met like they arent made equal to you
@sarahelaine8
@sarahelaine8 Жыл бұрын
I've been wanting you to do the history of the $2 bill, would love to see that! New series perhaps????🤔
@svt80221
@svt80221 Жыл бұрын
well you see, when a mommy $1 bill and a daddy $1 bill fall in love...
@Leash23
@Leash23 Жыл бұрын
What about a $3 bill?
@whiterabbit-wo7hw
@whiterabbit-wo7hw Жыл бұрын
@@Leash23 Mommy and Daddy 1 dollar bill had triplets.
@mandiemoore3272
@mandiemoore3272 Жыл бұрын
Right it's just silly my husband brought one home for me the other day and I have it saved in my on my bedroom mirror and I have no idea why I saved $2 bills but I do and I think it's pretty common
@mandiemoore3272
@mandiemoore3272 Жыл бұрын
​@@svt80221 SHUT UP!!!! You just made me burst out laughing.
@grapeshot
@grapeshot Жыл бұрын
And just the think the Secret Service started out not to protect the president and his family but to go after counterfeiters.
@quanbrooklynkid7776
@quanbrooklynkid7776 Жыл бұрын
yea
@SoutheastCoinsandCurrency
@SoutheastCoinsandCurrency Жыл бұрын
The reason $5 bills don’t have Lincoln’s watermark is because people used to bleach the bill leaving just the paper, and printed $50 bills on the same paper, and cashiers could not tell the difference between Lincoln and grants watermark for some reason, so in 2006 they changed the design from Lincoln’s watermark to a big “5”
@thomasleemullins4372
@thomasleemullins4372 Жыл бұрын
I thought it was the one dollar bill without the watermark?
@322dawgg
@322dawgg Жыл бұрын
Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.
@devereauxjnr
@devereauxjnr Жыл бұрын
When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.
@user-3456rtu
@user-3456rtu Жыл бұрын
@@devereauxjnr That's right, you can avoid the traps of lifestyle inflation by consulting an expert advisor to help you plan for your short- and long-term goals; it all comes down to proper guidance. Over the past two years and six months, I have seen my income build wealth and now have a fully paid off house and at least $650,000 in stocks. All this is the result of subsequent investments with my savings and the application of expert advice.
@loud9090
@loud9090 Жыл бұрын
@@user-3456rtu Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.
@user-3456rtu
@user-3456rtu Жыл бұрын
@@loud9090 credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up
@loud9090
@loud9090 Жыл бұрын
@@user-3456rtu I looked up NICOLE online using her fullname and researched her accreditation. She seem very proficient, I wrote her detailing my Financial market current position, goals and scheduled an appointment. Thanks
@dougadams9419
@dougadams9419 Жыл бұрын
Also, Spanish Pieces of Eight were valid currency during the era of the Pirates. "American colonists would use the Spanish dollar alongside British currency, as it was against the law for them to create their own money and coins from England were not plentiful. It took eight reales, another Spanish currency, to make up one Spanish dollar. Thus it was known as pieces of eight. American colonists would sometimes cut the coins into 8 pieces like a pie in order to make change since smaller coins were often scarce."
@Shinzon23
@Shinzon23 Жыл бұрын
Fun additional fact; Jachimsthalers were minted in the town called Joachimsthal, which had a long history of silver mining, and dumping the then worthless rock that was mixed up with the silver ore in tailings dumps. They called this worthless rock "pitchblende",essentially "lying/hard luck rock", which if you know your nuclear history, is what uranium and ultimately plutonium is refined out of. Another fun fact is Joachimsthal has a spa that has dissolved radiation particles in it built during the Radon Craze era that still exists (its safe, amount of Rads is less than you get taking a high altitude plane ride), and who in a very interesting coincidence has on its guest signature one for "Robert Oppenheimer" from the 20's... So the "Father of the Bomb" visited the town were Marie Curie first discovered Radon in the Pitchblende piles as a child... History is full of odd coincidences ain't it
@valentinmatei7827
@valentinmatei7827 Жыл бұрын
*Investing buys you a day off when you have to work... I pray that everyone reading this will be successful*
@gaijacqueline4935
@gaijacqueline4935 Жыл бұрын
Is this not the same Mrs chloe thompson, my neighbors are talking about, she must be a perfect expert for people to talk this good about her Please how do I contact this Mrs chloe, ? I will like to invest with her also
@youngstan5444
@youngstan5444 Жыл бұрын
I also trade with expert Ms. chloe thompson, a regulated broker in the Uk. Met her at a startup funding event early last year. She had some interesting things to say about the current state of algorithmic trading. I can clearly see the results
@Berry.A554
@Berry.A554 Жыл бұрын
mrs chloe thompson, really made name for herself, i invested $5,000 and earned $17,000 in an interval of one week..
@gaijacqueline4935
@gaijacqueline4935 Жыл бұрын
@Stakhanov thanks alot for the recommendation, am already in the investment process with her
@br_andn
@br_andn Жыл бұрын
Bot
@ATSFVentaSpurNscaler
@ATSFVentaSpurNscaler Жыл бұрын
Until the late 1960s or early 1970s, the original U.S. dollar sign had 2 straight vertical slashes "||" over the "S" instead of the simplified solitary vertical slash "|" that we see today in "$". Some people have suggested that this original, double-slashed dollar sign came from overlaying a "U" atop the "S" as an abbreviation for United States, with the lowest curved portion of the "U" eventually being dropped from usage to leave only 2 vertical slashes across the "S". Over time both vertical slashes evolved into today’s single slash.
@Bartolo.Gonzalez
@Bartolo.Gonzalez Жыл бұрын
The Spanish eight or dollar Real was the first global currency, and in fact, it has that S || also. The first settlers came to use it many.
@suemarshall6185
@suemarshall6185 Жыл бұрын
8
@vntr4480
@vntr4480 Жыл бұрын
PLVS VLTRA
@kbrock9146
@kbrock9146 Жыл бұрын
Just sitting here remembering the first year of this channel and seeing where it is now, makes me so happy.
@nazfan01
@nazfan01 Жыл бұрын
Ijust so happened to buy a huge lot of various coins at an estate auction about 5 years ago. When I got home and went through the coins it turned out I got hold of several very rare 1700s Colonial coins I was surprised that no one noticed them before putting them up for auction. I still have them to this day!
@spookyskeptic4978
@spookyskeptic4978 Жыл бұрын
You'd be surprised how little attention people pay to the change in their pocket. I used to do the accounting at a small grocery. The cashiers would set aside the "weird" coins or anything they couldn't identify. I swooped in and collected them every morning. I have a pretty cool collection. I don't think I'm paying for anyone's college, but there's some absolutely neat and bonkers stuff just sitting in tills or center consoles or old coats. And that fascinates me.
@neoasura
@neoasura Жыл бұрын
@@spookyskeptic4978 In the 80s my dad was a coin collector, and had this book showing how valuable coins were. As a kid I used to take any change I had and look through that book, and see if it has any of the symbols, letters, wheat back, etc. It was a fun hobby before the internet.
@nazfan01
@nazfan01 Жыл бұрын
@@spookyskeptic4978 - My son is special needs and has worked at a grocery store for 10 years now. Sometimes customers would give him tips but what they were really doing was giving my son "money they had no idea about" (in other words they figured he didnt know any better) - Most the time they were tipping him collectible coins. My favorite is the CoinStar machine. Ive noticed that CoinStar seems to reject silver coins quite a bit .... mostly Roosevelt dimes. I have tons of those alone. what amazes me is people just brring in coffee cans full of coins and dump them not knowing what they are dumping in. There were many time that Morgan silver dollars are just sitting there untouched. Many standing Liberty quarters. What I do miss out on the manager would show me a foam coffee cup full off coins he figured were worthless. He even gave me quarters that are still in circulation... 1976 Bicentennial quarters. There have been a few times that some silver Canadian coins would show up. Amazingly, one 19 30s Canadian silver was there and it turned out to be appraised at $500 because uit was a rare piece. So yes, I know what you are saying.
@Usafpararescue96
@Usafpararescue96 Жыл бұрын
@@nazfan01 bicentennial coins are rare?
@nazfan01
@nazfan01 Жыл бұрын
@@Usafpararescue96 - No! That was my point, the manager of the store thinks they are either foreign coins or does not realize these coins are still in circulation. Either way, I take what ever he gives me
@IanSolano
@IanSolano Жыл бұрын
Really enjoyed the history of the dollar. How about covering British currency?
@chromicapop4595
@chromicapop4595 Жыл бұрын
Or the Yen😮
@NASCARFAN93100
@NASCARFAN93100 Жыл бұрын
They should cover The History of The Euro
@tammygant4216
@tammygant4216 Жыл бұрын
or all money! What a fun idea for a series.
@NASCARFAN93100
@NASCARFAN93100 Жыл бұрын
@@tammygant4216 Ya know I agree
@yoyoglock4
@yoyoglock4 Жыл бұрын
Love to see a new video from Weird History! Never disappointed 😎
@TacoBellMukbangRequested
@TacoBellMukbangRequested Жыл бұрын
I'd buy that for a dollar!
@MarkMeadows90
@MarkMeadows90 Жыл бұрын
Hello Baco Tell lol
@AKadir8
@AKadir8 Жыл бұрын
I'm surprised you didn't mention how Nixon in 1972 got the dollar out of the gold-based standard to prevent it's value decreasing against other currencies, thus, creating the base of the economical crisis and inflation we suffer today.
@zydian_
@zydian_ Жыл бұрын
Link a referens please. Not bcs I dont believe you but id like to read up on it.
@soybasedjeremy3653
@soybasedjeremy3653 Жыл бұрын
Links?
@soybasedjeremy3653
@soybasedjeremy3653 Жыл бұрын
@@zack3g Yes cause taking from the people works... Said nobody ever.
@soybasedjeremy3653
@soybasedjeremy3653 Жыл бұрын
@@zack3g Ok Commie
@rumbleisbetter
@rumbleisbetter Жыл бұрын
@@soybasedjeremy3653 just Google "gold standard u.s. dollar" people shouldn't have to spoonfeed you info, you imbecile
@gordygohard
@gordygohard Жыл бұрын
Dollar sign may have come from spanish currency depicting a scroll in the shape of an "S" and pillars on the one side of each coin. Due to spanish coin's abundance from new world gold and silver it became a common symbol.
@chromicapop4595
@chromicapop4595 Жыл бұрын
Also at one point spanish empire extended to new world😮
@alicebas377
@alicebas377 Жыл бұрын
i was taught that the $ came from people writing US dollar and over time the U and S were written on top of each other and then the bottom of the U was dropped....sign makers started to use only one line through the S to what we see today....i still use two lines when ever i write it!
@Unknowngfyjoh
@Unknowngfyjoh Жыл бұрын
It came from symbol from the mint of Potosi, which is where the Spanish minted most of their silver coins. I have been there and know this for a fact. I went to the mint museum they have there.
@andrealuisecandido1154
@andrealuisecandido1154 Жыл бұрын
no idea whaT you speak of once again we in WEST EuropE have only € Euro no $ Dollar
@andrealuisecandido1154
@andrealuisecandido1154 Жыл бұрын
ThaT has meaning we have only The Money of The Europe Union HeadquaTer France + Germany ITaLy
@Selinkak
@Selinkak Жыл бұрын
I don't know how to go about researching this but now I really want to know if Massachusetts ever explicitly unrecognized wampum as acceptable currency. In fact now I wonder if any state has old currencies technically still legal currency simply cuz there isn't a law that actually unrecognized it written anywhere
@3frenchhens818
@3frenchhens818 Жыл бұрын
You forgot to explain "bits" -- like in "two bits, four bits, six bits, a dollar, all for our team stand up and holler" and the door knock "shave and a haircut two bits." If I remember right -- and anybody out there help me if I'm wrong -- the bit is left over from the Spanish dollar that had eight bits/parts. In USA money, 2 bits = 25 cents, 4 bits = 50 cents, 6 bits = 75 cents, 8 bits = a dollar. A lot of people still say bits for prices and for insults: "Why, you two-bit crook, I oughta punch your lights out."
@Jacobthejewela
@Jacobthejewela Жыл бұрын
This channel reminds me of a show I used to watch on the history channel in the early 2000s called The Most with Mike Rowe. The topics and tone of this show are both similar to that one.
@stevenkobb156
@stevenkobb156 Жыл бұрын
Fun video. FYI, there is no "American eagle." That is a bald eagle. 🦅
@robswystun2766
@robswystun2766 Жыл бұрын
Also a spread eagle.
@neoasura
@neoasura Жыл бұрын
My high school fashion wardrobe begs to differ.
@raphaeldouglas9361
@raphaeldouglas9361 Жыл бұрын
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
@josyvargas8326
@josyvargas8326 Жыл бұрын
Yeah! I agree with you sir.If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.
@eduardomarquee551
@eduardomarquee551 Жыл бұрын
@@josyvargas8326 People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.
@marywills5744
@marywills5744 Жыл бұрын
@@eduardomarquee551 People wants to do what the 99% does but wants to get results that are fit for the 1%, but it doesn't work that way
@evaluna8096
@evaluna8096 Жыл бұрын
@@marywills5744 Investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet investing! While the poor stays poor by spending like the rich yet not investing.
@poltykelsey4890
@poltykelsey4890 Жыл бұрын
@@evaluna8096 That's true.. But Talking of investment! Is there any one who knows what one can invest in and be successful because I really need to invest to avoid rat race during retirement. do you have knowledge about any?
@btetschner
@btetschner Жыл бұрын
I did not know that Spanish currency was so popular at that time. That Eye of Providence has always fascinated me. Fantastic video and narration! A+ video, my mother even watched it with me.
@JP-en7cc
@JP-en7cc Жыл бұрын
afaik, it was the first world currency for international trade. Similar to what the US dollar is nowadays. Popularly known as the piece of eight
@btetschner
@btetschner Жыл бұрын
@@JP-en7cc Very interesting, thanks for the info.
@nomecreona3829
@nomecreona3829 Жыл бұрын
The Spanish legacy in the United States is enormous, but unfortunately it has been erased from history books in the States and in Anglo-Saxon world. The history of the United States is largely written in Spanish.
@btetschner
@btetschner Жыл бұрын
@@nomecreona3829 It's unfortunate that there aren't more cultural things like Spanish food, Spanish restaurants, etc. There just isn't a very prominent Spanish prescence in the U.S. right now, even though there was long ago.
@manuelrodriguez2637
@manuelrodriguez2637 Жыл бұрын
​@Nomecreona Yep written in Spanish & still not erased... San Francisco, Los Angeles, San Diego, all in Califonia, next to Arizona, nearby Nevada, Colorado & Montana... Only Texas 😠 should be Tejas!... but hey San Antonio still there 😊
@MeaningMatters355
@MeaningMatters355 Жыл бұрын
I worked for a money collecting contractor that picked up cash from businesses in those armored trucks. The amount of stuff I learned about money is insane. For instance, those fraud pens only detect for the paper but people bleach bills and print over them so they get through. Always inspect their other details! Another antifraud measure is that the shirts on the people on the bill are textured. So if you run your nail over it, it makes a scratching sound. Unfit money is sorted to be sent out to be destroyed and counterfeits are tracked based on the numbers all over the bill. Super interesting.
@uraidtariq12
@uraidtariq12 Жыл бұрын
To Everyone seeing this comment, please keep on pushing in life and never give up. Can't wait to see you successful one day and May God bless you! Amen 🙏🙏
@Die-CastMetal
@Die-CastMetal Жыл бұрын
Thanks brother! I’m trying but I gotta tell you it’s really difficult. Working three jobs and barely scraping by. Honestly, it’s really what makes life exciting. If there wasn’t a little bit of a struggle then life would be too easy and I’d probably just lay around and sleep all day.
@Docmain3
@Docmain3 Жыл бұрын
Boo! Religious BS!
@johnreinburg859
@johnreinburg859 Жыл бұрын
Thank you, I wish the same to you!
@charlesrainey1076
@charlesrainey1076 Жыл бұрын
thank you so much! You're my comment MVP of the day!
@mauriciocastillo2344
@mauriciocastillo2344 Жыл бұрын
Thanks!🤗 God Bless you too!
@Luv_U_Maddie
@Luv_U_Maddie Жыл бұрын
I absolutely love your channel ❤️
@Derek-no8fu
@Derek-no8fu Жыл бұрын
Them old bills look beautiful. We should bring back that style.
@thomasbarker6833
@thomasbarker6833 Жыл бұрын
The '$' is not the first symbol used, and was originally a 'S' transposed on top of 'U' and stood for a 'unit of silver'. In 1792 the 'Sherman Coinage Act' determined that the money of the United States would be the US Dollar; and would have an exact size and shape and be stamped; and consist of 380 and 4/16 pure gains of silver.
@thomasbarker6833
@thomasbarker6833 Жыл бұрын
See a book called: 'PIECES OF NINE'
@proppin
@proppin Жыл бұрын
Paper money used to be quite large. They were nearly 7 1/2 inches long and called "horseblankets" for their size. In the late 1920's they were shrunk to the size people know today!
@scottkrater2131
@scottkrater2131 Жыл бұрын
In Europe, different denominations have different sizes, handy if you're blind, you can't tell the difference between a 1 and 100 in US currency if you're blind.
@quanbrooklynkid7776
@quanbrooklynkid7776 Жыл бұрын
@@scottkrater2131 damn
@Yangborder
@Yangborder Жыл бұрын
Because you could buy a fucking house with one dollar
@daredevil6145
@daredevil6145 Жыл бұрын
I was just looking about Dollor History today, out of nowhere and you dropped the video *Here Take it*
@potatomatop9326
@potatomatop9326 Жыл бұрын
Everytime i get a dollar it instantly becomes history.
@bobross8786
@bobross8786 Жыл бұрын
I'm well ahead of you on that 🤣
@jons.6216
@jons.6216 Жыл бұрын
Chase Bank not only steals names but lots of undeserved money from customers!
@bigwestreviews4933
@bigwestreviews4933 Жыл бұрын
Leaving a physical backing of the dollar was a mistake.
@seffishestopal5950
@seffishestopal5950 Жыл бұрын
You learn something new every day
@naturalnashuan
@naturalnashuan Жыл бұрын
I agree! Yesterday I learned that an interesting discovery was made about frogs. Since they have soft bodies they get thorns and splinters and stuff like that imbedded in them. The cool part: Some species have urine bladders that have cells that grow around the foreign object. That pulls the object into the bladder and they can pee out the objects!
@sallykohorst8803
@sallykohorst8803 Жыл бұрын
Great story.! Never really thought about this. Thanks for doing this.
@AnixCo1990
@AnixCo1990 Жыл бұрын
Make silver money again!
@emmamerritt6730
@emmamerritt6730 Жыл бұрын
The early dollar sign is a U and S overlapping. To show it is US currency. Over time the bend at the bottom has gone away to just one or two lines through the S.
@Unknowngfyjoh
@Unknowngfyjoh Жыл бұрын
False. The dollar sign $ comes from the symbol of the mint of Potosi. The largest silver mine in the world and where most Spanish silver coins were minted.
@BangFarang1
@BangFarang1 Жыл бұрын
If you look at the Spanish silver coin 1:53 you'll see clearly the two pillars of the strait of Gibraltar (Hercules Columns). The early Americans using those coins wrote Sll (S for Spanish and ll for the pillars) on prices tags and handwritten documents, and when one writes quickly the S and the ll became eventually melted.
@Unknowngfyjoh
@Unknowngfyjoh Жыл бұрын
@@BangFarang1 false. The $ comes from the stamp of the mint of Potosi, the largest mint in the Spanish Empire.
@cadillacdeville5828
@cadillacdeville5828 Жыл бұрын
I hope he's a professor or something that super engaging . He's awesome with the narrations
@marcoperdomo283
@marcoperdomo283 Жыл бұрын
I really love your sarcastic humor, the history part it's just a bonus to me.
@gravewaxxsupercoven1980
@gravewaxxsupercoven1980 Жыл бұрын
You almost completely missed the mark when explaining the symbolism on the one dollar bill. You could do an entire video on it.
@401k.ElPiovra
@401k.ElPiovra Жыл бұрын
I never thought about this but. Gilbert Stuart designed the dollar and I live in providence and Gilbert Stuart has a school in providence and is one of its historical figures. Interesting... conspiracy or coincidence lol
@zippomustang05
@zippomustang05 Жыл бұрын
I love how in our constitution it states "no state shall use anything besides gold and silver coin for payments of debt"
@BangFarang1
@BangFarang1 Жыл бұрын
The states shall pay in gold and silver, not their citizens.
@lefish5277
@lefish5277 Жыл бұрын
I love this narrator so much lmao
@Sh00terMcGavinXL
@Sh00terMcGavinXL Жыл бұрын
I was always taught that dollar sign came from the scroll & pillars on the Spanish coins
@tanithjohnson2802
@tanithjohnson2802 Жыл бұрын
Could you do a video on Australian money like how we came to have dollars. Australia did have British money when it was formed
@BangFarang1
@BangFarang1 Жыл бұрын
Australia, New-Zealand, Hong-Kong, Singapore, Canada...
@manuelrodriguez2637
@manuelrodriguez2637 Жыл бұрын
Think it comes from Spanish dollars? Wikipedia says they used them in New South Wales... they punched a hole in the middle to make them Australian 😂
@auntvesuvi3872
@auntvesuvi3872 Жыл бұрын
Thanks for this! 💸 #WeirdHistory #USCurrency #USDollar #HistoryOfTheDollar
@marcorock101
@marcorock101 Жыл бұрын
That crypto jab 😂😂😂
@Amen.ahmed1
@Amen.ahmed1 Жыл бұрын
Topic everybody like to hear all the time. money
@SilverWealth_Draper_Mint
@SilverWealth_Draper_Mint Жыл бұрын
Old Silver Bar Market is in its infancy and starting to pop
@Ravengerson3148
@Ravengerson3148 Жыл бұрын
I really like this dollar video it’s so packed with info. One thing though I’m pretty sure the in God we trust was added all over the place by Macarthy ( sorry not sure of spelling) during his big Red Scare.
@naturalnashuan
@naturalnashuan Жыл бұрын
Yes, it had nothing to do with God, I hope that was a joke in the video. America added "In God We Trust" to money as a lame slap against communism. That's why "under God" is in the Pledge of Allegiance. As a nonreligious person I think it is time for it to go.
@FinnSwede906
@FinnSwede906 Жыл бұрын
I now invest in goldbacks, look into them! They have 5 denominations each with 24k fractional gold in the note and they can be exchanged for 🥇 coin on demand in any of the four states who are making them.
@JeighNeither
@JeighNeither Жыл бұрын
Very interesting episode as usual Weird History, however U.S. paper money is fairly tame when compared internationally. Lots of paper money is being made from multiple materials, not just weaved, but embossed or embedded & some bills even have completely transparent sections now.
@Paraglidecrete
@Paraglidecrete 8 ай бұрын
dollar comes from Greek ταλλαροι , tallari , shekel comes from greek σικλος or σιγκλος , siklos - siglos , both Greek words mean buckets - specific volume containers used in trade . Money is related to ( alone ) monk monje monaco etc, When Zeus had a fight with Hera he hanged her alone from Olympus , and she became Ηρα μονία Hera monia - Hera the lonely ​ Her worship was later moved to Rome , the first mint in Rome was in the yard of her temple , monia became moneta monnaie , moneda moneten , ki etera (etc ) in the dialects
@leftturn8016
@leftturn8016 Жыл бұрын
My family stuck with gold, the dollar is play currency...
@Phil_A_O_Fish
@Phil_A_O_Fish Жыл бұрын
Ah, this is just so quaint and old-fashioned, isn't it? Especially when you consider that so many countries outside of the U.S.A. now have their currencies printed on polymers rather than on paper, don't they?
@lisapop5219
@lisapop5219 Жыл бұрын
So nothing about how it used to be backed by gold until the early 70s? It then became a petro dollar. Imho, that's the most important thing to know about the dollar that every American should know
@ididanoopsie9321
@ididanoopsie9321 Жыл бұрын
Counterfeiting money is incredibly difficult and expensive, which is why the government assumes no one would counterfeit one dollar bills since the payoff would not be worth it
@ahotdj07
@ahotdj07 Жыл бұрын
That is pretty interesting. I learned a lot that I didn't know about our currency.
@nobodyatall7438
@nobodyatall7438 Жыл бұрын
Great Documentary and narration.
@rab52764
@rab52764 Жыл бұрын
The original dollar sign had 2 vertical lines, not just one. So I was always told that it was originally U and S printed on top of each other. Eventually the curve on the U was dropped making the 2 lines on the S for the dollar sign. The lines merged over time, resulting in the $ mark.
@midnightodellewest1999
@midnightodellewest1999 Жыл бұрын
I was taught that as well.
@BangFarang1
@BangFarang1 Жыл бұрын
If you look at the Spanish silver coin 1:53 you'll see clearly the two pillars of the strait of Gibraltar (Hercules Columns). The early Americans using those coins wrote Sll (S for Spanish and ll for the pillars) on prices tags and handwritten documents, and when one writes quickly the S and the ll became eventually melted.
@zach7193
@zach7193 Жыл бұрын
Man, this is something. A fascinating and interesting topic. I like this.
@SWLinPHX
@SWLinPHX Жыл бұрын
I understand why there are not as many security measures on the Washington one dollar bill, but why is the design still the old one with the small portrait and not enlarged like every other denomination was in the late 20th Century? It clashes with the rest, and since they have to destroy old singles anyway why not redesign it to match the others??
@philipberthiaume2314
@philipberthiaume2314 Жыл бұрын
Due to the short lifespan of bills, Canada replaced its $1 bill with a coin and then shortly did the same with the $2 bill afterward. It's estimated that Canada saves millions of dollars a year in printing costs. While we're on the subject, canada also got rid of the penny. It's value low and it's costs relatively high, it was deemed not worth keeping it. And while we're on that subject, most Canadians don't use currency anymore for transactions, 77 vs 23%. Electronic transfer funds is so widely used that people who depend on handouts like charities, now need electronic tap readers to accept payment from debit and credit cards. Edit: with Canada's transfer to using e-transfer is instead of cash, the rate of fraud has dropped significantly. And because cash transactions are so low now, Canada got rid of the $1,000 bill which effectively killed black market activity.
@josiebobcat
@josiebobcat Жыл бұрын
I would love to see a video about company scrip. Seems like a weird thing in history. thank you for these videos. I love history and I love the jokes.
@kashagroob8417
@kashagroob8417 Жыл бұрын
I actually have one of those bags of shredded money mentioned at the end. I thought it was so cool when I was little.
@MeetThaNewDealer
@MeetThaNewDealer Жыл бұрын
Cash rules everything around me, CREAM get the money dolla-dolla bills yall.
@epicproportionsmediaproduc6697
@epicproportionsmediaproduc6697 Жыл бұрын
You forgot to mention how they changed the color of the bills to reflect the colors used in the board game, Monopoly, as a way of mocking the public. Mono = one Poly = many E Pluribus Unem = "out of many, one"
@kyleshiflet9952
@kyleshiflet9952 Жыл бұрын
It's good to hear someone talk about the symbols on the 1 dollar bill without going full conspiracy theorist
@naturalnashuan
@naturalnashuan Жыл бұрын
I was bracing for Masons to be mentioned too.
@yaya999yaok
@yaya999yaok 21 күн бұрын
Good video!
@janayarroyo22
@janayarroyo22 Жыл бұрын
This was so WEIRDLY AMAZING history ☺️
@anthonyminimum
@anthonyminimum Жыл бұрын
I don’t know how it would be possible to run out of money when no other early colonists with them besides themselves
@simpleman5688
@simpleman5688 Жыл бұрын
“In God we trust” first appeared on 2 cent coins during the civil war. Preachers idea.
@RareKumiko
@RareKumiko Жыл бұрын
Kinda surprised he didn't talk about the tiny Owl nestled just to the left of the "1" on the top right of the 1 dollar bill.
@samuelw.3992
@samuelw.3992 Жыл бұрын
The history of the inflation of the dollar should be next.
@Billyjoelovesu
@Billyjoelovesu Жыл бұрын
History of Fort Knox
@babshm
@babshm Жыл бұрын
Nest narrator! Ever!
@babshm
@babshm Жыл бұрын
Oops! Best
@Seeker0628
@Seeker0628 Жыл бұрын
Look, the Narrator is definitely an Universal Treasure. He must be protected at all costs!
@thomasleemullins4372
@thomasleemullins4372 Жыл бұрын
I think that is both fascinating and informative.
@Edward-o5Edward__s0o2
@Edward-o5Edward__s0o2 2 ай бұрын
Binance's CEO discusses future developments in an exclusive interview - don't miss it
@FuzzballRenakitty
@FuzzballRenakitty Жыл бұрын
How about something on famous money laundering scams of old? Fake money and the like!
@internetkilledthevideostar
@internetkilledthevideostar Жыл бұрын
Surprised you didn’t talk about the tiny owl, perched on the dollar bill.
@nicholasnarcowich9163
@nicholasnarcowich9163 Жыл бұрын
Is the money, that is retired & removed from National circulation subtracted from the National befit? & if not, why not?
@skyden24195
@skyden24195 Жыл бұрын
"If you're trying to conquer the criminal underworld by printing counterfeit singles, the government apparently feels like you could use all the help you can get." -😀😄😆
@captainchaos0666
@captainchaos0666 Жыл бұрын
Best fact about the one dollar bill: You can make a mushroom out of George Washingtons head. As referenced in Bill and Teds Excellent Adventure.
@sierrajohnson717
@sierrajohnson717 Жыл бұрын
if you damage money, you can look up proper routes to have it replaced if you can salvage most of the physical bill. a bank can replace it if theres enough left of the bill, and if its questionable you can mail it/them away (the address is online) and they can deem if its replaceable or a total loss. REALLY hoping that lady on tiktok whose dog ate her hundreds knew this and she didnt just throw them out
@naturalnashuan
@naturalnashuan Жыл бұрын
I found money that blew out onto the sidewalk through a hospital's ventilation fan. I picked the pieces out of shrubbery and taped the pieces back together. 3 out of the 4 five dollar bills were accepted at a bank, but I was happy with my 15 dollars.😊
@Akashnagil29
@Akashnagil29 Ай бұрын
Great voice bro.
@ryanTDG
@ryanTDG Жыл бұрын
Major sticking points in both the revolutionary war and civil war were the issuing and financing of currency.
@Backroad_Junkie
@Backroad_Junkie Жыл бұрын
After a lot of counterfeits were being made with a color copier, preventative measures were put into scanners and copiers (and printers) that won't let you duplicate money. You can still do if if you find an old scanner, but modern scanners will shut down...
@WindFireAllThatKindOfThing
@WindFireAllThatKindOfThing Жыл бұрын
lol, imagine the chaos a currency change, in either name/quantities/value per unit, would cause today.
@mitchell.9632
@mitchell.9632 6 ай бұрын
No mention on how the money supply when back into private hands with the bill passed in 1913? Or the First or Second bank when government used to be in control of the money supply.
@JohnnyAngel8
@JohnnyAngel8 Жыл бұрын
Good one! (No pun intended.) Now make a video about all the money printing and coin striking errors. Please?
@naturaldisaster2
@naturaldisaster2 Жыл бұрын
Gold standard worked
@_The_Worst_
@_The_Worst_ Жыл бұрын
I wish they wouldn't destroy any of the old money...💯✔️
@randicharters9890
@randicharters9890 Жыл бұрын
I always wondered why they did not find a way to recycle the money maybe wash it and reprint on it I'm not sure but I've always wondered
@naturalnashuan
@naturalnashuan Жыл бұрын
It's too gross and contaminated.
@mildredlackey1938
@mildredlackey1938 Жыл бұрын
Well this about the dollar bill was very interesting , thanks
@kentjensen4939
@kentjensen4939 Жыл бұрын
I agree with Dr. Teeth, I want a big, fat pile of money.
@davidfrederick6003
@davidfrederick6003 Жыл бұрын
Its AMAZING what schools never bother to teach.
@jeremyblakeney1518
@jeremyblakeney1518 Жыл бұрын
Great video, but you left out the spider in the corner of the 1 dollar bill lol I've always wondered why they put that on there
@theodoregarcia8830
@theodoregarcia8830 Жыл бұрын
Excellent video maestro
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