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Podcast: Today In History with The Retrospectors
Episode: I Need A Dollar
Description:
The dollar emerged as the official currency of the United States at a meeting of the Continental Congress on 8th August, 1786. During the American Revolution, various international coins had remained in circulation - alongside commodities like tobacco and cod.
The transition to paper money faced challenges due to counterfeiting concerns, which persisted until the Civil War. The green colour was chosen to prevent easy replication using black and white photography. The value of the dollar was linked to gold until as recently as 1971.
In this episode, Arion, Rebecca and Olly applaud Benjamin...