Back in the day, the dollar was connected to silver and gold. The older dollar bills even say ‘silver certificate.’ But that all changed up the Nixon administration. Now all money is fiat, meaning it has value based only on federal law. TED-Ed explains the complex story behind what g...
What Gives A Dollar Bill Its Value Read Full Story http://goo.gl/YbbdT4
Tuesday, June 24, 2014
What Gives A Dollar Bill Its Value
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