You are viewing a single comment's thread from:
RE: Emergence of US Dollar as the major Reserve Currency - A Brief History
Very informative post, @dbdecoy! But be careful: your fifth paragraph makes it sound like as if the US Dollar didn't exist before 1914. It's been around since Alexander Hamilton, though it is true that over most of the history of the US other currencies, such as the Mexican Peso, Spanish Dollar, as well as various scrips issued by individual states and other entities have been accepted as legal tender as well.
The federal reserve US dollar that we use now came into existence in 1914, it is the official US dollar printed by the treasury. The ones before that were printed by private banks and had various names though collectively known as the dollar.