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News Link • Currencies

What Has Government Done to the Dollar?

• DollarDaze (h/t Strike the Root)

The U.S. dollar has changed from being a paper certificate for a tangible asset to a fiat currency - a paper note declared legal tender. By looking at the history of American paper money one can clearly see the distinction.

The following image shows two one-dollar bills from different years (click to enlarge).


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