America's First Paper Currency: The History of Money, America
The Market is Open
Published at : 22 Nov 2021
Published at : 22 Nov 2021
17703 views
521
18
| The Origins of Paper Money Series: 1) First video in the series: Ancient China: https://youtu.be/mjBgegH40rc 2) Second video in the series: Medieval to early modern Europe: https://youtu.be/2sd3tRTioBY 3) This is part 3: The Americans and Paper Money. Where did paper money come from? Despite it seeming like a modern invention, its origins go back to Ancient China. And, despite it now being hard to think of a world without paper money, in 1968, Americans could still redeem their U.S. bills for silver, and international residents could convert their U.S. dollar bills into gold up until 1971. What led to the invention of paper money and the fiat standard where money has value because government says so? These videos will examine how paper money developed in ancient times. We have a 5-part series with a video to be released each week: this current video will go through the evolution of paper money in the early United States. The U.S. didn’t exist in the 1600s; it was owned by the British, French and Spanish empires. However, overtime the colonies gained independence and began resenting their overlords. One notable event was the Stamp Act in 1765 where Britain wanted to tax the U.S. for printing paper money. This dispute eventually led to the American Revolution. Paper money helped the U.S. win the revolutionary war. As the U.S. continued to evolve, paper money would play a larger role in the U.S. economy. This video, also, shows how the U.S. economy grew during the heart of the gold standard (1873-1914). We show that when there is too little gold, prices fall; and, when there is too much gold, prices rise. #PaperMoney #Gold #MiltonFriedman Our next video will discuss the origins of paper money in modern Europe and the world. Music 1) If I Had a Chicken, Kevin MacLeod, Cinematic |
Happy You’re free to use this song and monetize your video. 2) The Star Spangled Banner - Band Only The U.S. Army BandClassical |
Inspirational You’re free to use this song and monetize your video. 3) Star Spangled Banner, Cooper Cannell Classical |
Calm . You’re free to use this song and monetize your video. 4) The Long Ascent, Cooper Cannellv Cinematic |
Calm You’re free to use this song and monetize your video. 5) Gently, Onwards ELPHNT Cinematic |
Calm You’re free to use this song and monetize your video. 6) Follow The Shadows The 126ers Pop |
Sad You’re free to use this song and monetize your video. Thank you for watching Patreon: https://patreon.com/themarketisopen Twitter: https://twitter.com/themarketisopen E ln(musk) T-Shirt: https://www.amazon.com/gp/product/B07PSNS91X/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=B07PSNS91X&linkCode=as2&tag=themarisope-20&linkId=31dced0dd36e128830ea8cc552c685bf The Best Stock Market Website on the Internet: https://themarketisopen.com Rise & Fall Videos: Shopify: https://www.youtube.com/watch?v=nEB8hvN47CI KraftHeinz https://www.youtube.com/watch?v=uou_GmcXFG4 Disney https://www.youtube.com/watch?v=_wut8calH_o General Electric https://www.youtube.com/watch?v=F5NumiX-yfI Stamps https://www.youtube.com/watch?v=WCliVErScQQ Disclaimer: We are not financial advisers, and nothing on this channel is meant to be financial advice. The ideas expressed on this channel are purely opinions and should not be regarded as objective information. Nothing on this channel is a recommendation to buy or sell securities. Do not assume that facts and numbers in any video are accurate. Always do your own due diligence. |
Paper MoneyGold StandardSilver
3 Step Continuity Test, Discontinuity, Piecewise Functions & Limits
How to meet deadlines safely - 10 useful tips how to be on time with all your projects
STEP IN ATTAINING YOUR DREAM
SK8 HI VS OLD SKOOL! WHICH IS THE BETTER SNEAKER?
Ani DiFranco - Simultaneously (Official Video)
Sia - Opportunity (Sia Version) (Lyric Video)
Patti Austin - That's Enough For Me
Breath of the Wild | Good-Sized Horse | Walkthrough Guide
So This is Basically Miraculous Ladybug
Biffy Clyro – Many of Horror (MTV Unplugged Live at Roundhouse, London)
Visual Pathway and Lesions
What Is Matter? - The Dr. Binocs Show | Best Learning Videos For Kids | Peekaboo Kidz
Improved performance and energy cost savings - A value engineering casestudy
Hot Food | POEM | The Hypnotiser | Kids' Poems and Stories With Michael Rosen
Halloween Pranks That Went Too Far
Future - Life Is Good (Lyrics) ft. Drake
Innate Immunity and Acquired immunity | Adaptive Immunity | Immune System | Don't Memorise
Alanis Morissette - Head Over Feet (Official 4K Music Video)
THERE IS DEFINITELY A CONTEST SHOT PROBLEM IN NBA 2K22 - BRUTALSIM DOUBLES DOWN
HOW TO MAKE THE MAKE THE MOST OF QUARANTINE, THE LOVE MARIE WAY | Heart Evangelista
The exciting future of commercial space flight 🚀
5 Key Success Factors of a Performance Appraisal | AIHR Learning Bite
Like A Bird | Proclaim Music
The Weeknd - I Feel It Coming ft. Daft Punk (Official Video)
Venerate | Meaning with examples | My Word Book
How to Achieve Your Most Ambitious Goals | Stephen Duneier | TEDxTucson
5 Fragrances That MAY Be DISCONTINUED Soon (Or Already Are) - Discontinued Fragrances
🔵 Constitute - Constitute Meaning - Constitute Examples - Constitution Defined
G-Eazy - No Limit REMIX ft. A$AP Rocky, Cardi B, French Montana, Juicy J, Belly
Swimming inside a big aquarium at home -
Katie Melua - The Love I'm Frightened Of (Official Video)
Dance with Lea and POP | Guli Guli | A Ram Sam Sam | and more songs for kids
Elle Varner - Refill
The ONLY Deck that EVERYONE DISLIKES in Clash Royale!! NO SKILL NEEDED!! 😱
Beginners Sewing Course - Day 1 - The Basics
Why Acceptance Is Freedom - Sadhguru Spot Aug 2, 2018
Ivory
Kodak Black - Too Many Years (ft. PNB Rock) Lyrics
Amerie - 1 Thing (Official Video)
The Boldness - Enjoy Your Life (Official Video)
Best Minecraft PVP FPS Boost Client For Cracked | Ares Client 🔮 (FREE Cosmetics)
The other side of 'Great Resignation': The toll it takes on workers who stay behind
George "Da Bull" Peterson the III: Would He Ever Cut Back on Back Training? | The Ronline Report
garb league 22
Zhoneus Deep - Feels Like (Nezhdan Remix)
atlas in motion - well known (Lyric Video) feat. brakence & 50Landing
Perfect Shapes in Higher Dimensions - Numberphile
¿WHAT IS A COMPANY? | Educational Video for Kids.
