Today I Found Out

Why is US Paper Money Green? (2018x102)

Udgivelsesdato: Apr 21, 2018

Sign up for your free credit score with Credit Sesame here → https://bit.ly/2tWU5ny FT→→Subscribe for new videos every day! https://www.youtube.com/user/TodayIFoundOut?sub_confirmation=1 Never run out of things to say at the water cooler with TodayIFoundOut! Brand new videos 7 days a week! In this video: In Article I of the U.S. Constitution, ratified on June 21, 1788, Congress was granted the power to “coin money” and “regulate” its value, but not to issue paper money. The result of the near complete devaluation of the paper money printed to fund the Revolution (bills called “continentals” since they were issued by the Continental Congress Want the text version?: http://www.todayifoundout.com/index.php/2016/02/u-s-paper-money-green/ Sources: https://books.google.com/books?id=zA9EiLADC-oC&pg=RA5-PA93&lpg=RA5-PA93&dq=Tracy+R.+Edson+patent&source=bl&ots=bPcs-dEv5r&sig=zE09sHTrQu64sq1kztLmcqJZRAs&hl=en&sa=X&ved=0ahUKEwjOi-XxsZzLAhVY1mMKHcOhAOQQ6AEIIzAB#v=onepage&q=Tracy%20R.%20Edson%20patent&f=false http://www.google.com/patents/US17688 https://www.law.cornell.edu/uscode/text/31/5114 http://www.history.com/news/8-things-you-may-not-know-about-american-money http://iipdigital.usembassy.gov/st/english/inbrief/2012/06/201206217872.html#axzz41Tpb08w3 https://www.newyorkfed.org/aboutthefed/fedpoint/fed01.html http://lcweb2.loc.gov:8081/ammem/amrlhtml/dtmellon.html https://en.wikipedia.org/wiki/National_Bank_Act http://www.moneyfactory.gov/resources/faqs.html http://www.history.com/news/woman-to-be-featured-on-newly-redesigned-10-bill-treasury-announces http://www.history.com/news/ask-history/why-is-american-currency-green https://en.wikipedia.org/wiki/Greenback_%281860s_money%29 http://www.numismaster.com/ta/numis/Article.jsp?ArticleId=5361 https://en.wikipedia.org/wiki/American_Bank_Note_Company Image Credit: https://commons.wikimedia.org/wiki/File:Constitution2.jpg https://en.wikipedia.org/wiki/File:US-$1-LT-1862-Fr-16c.jpg http