Guest Post By Jeff Thomas
In 1796, the US issued its first quarter dollar.
On the obverse, it displayed the image of Lady Liberty, and above the image (in case there was any doubt about the message), the word “LIBERTY” was prominently displayed. The coin was minted from silver (90%) and copper (10%).
Continue reading “Hidden in Plain View”
Probably the most significant fact concerning U.S. dollars is that there are trillions of them making up 29.1% of global debt. Beyond that, however, today’s infographic covers 33 fascinating facts about the notes and coins themselves.
Another interesting fact worth mentioning: The United States Bureau of Engraving and Printing makes approximately $696 million in currency each day. Amazingly, according to their very fitting website MoneyFactory.gov, in the fiscal year of 2014 they printed over $2.2 billion in $1 bills alone.
It’s good practice, because with concerns of deflation circulating around Europe and Asia, the Feds may want to put the printing presses into overdrive.