The Development of the Monetary System in America

Economics / April 23, 2015 / No Comments /
A formal introduction to the development and implementation of the American monetary system, through historical sources and evidence.

“We as a nation have grown to be one of the most prosperous nations on earth, our economy and lifestyle is often the wonder and the envy of the rest of the world, but few of its citizens lucky nation know where it began. It is true that most Americans really do not know how the economy in this youthful country started, and how we forged our monetary system on the backs of the best European economies. They believe that the United States has always had a decent economy and that we have always used money issued from the Federal Government, an idea that cannot be farther from the truth.”

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