Embedded Files
Currency Links
Currency Links
https://www.uscurrency.gov has a number of resources to better learn about paper money. Learn to authenticate your money and view images about the seven denominations, including information about the design and security features of these dollar notes.
https://www.uscurrency.gov/educational-materials/classrooms/currency-academy/art-studio Bills are designed at the Bureau of Engraving and Printing, which is a part of the U.S. Treasury.
https://www.federalreserve.gov/faqs/currency_12771.htm has a lot of images of past bills.
https://barrygoldberg.net/currency1.htm has images of these notes: One Dollar | Two Dollar | Five Dollar | Ten Dollar | Twenty Dollar | Fifty Dollar | Hundred Dollar | Miscellaneous
https://www.secretservice.gov/about/history/events tells the story of how the United States Secret Service was formed to combat counterfeiting of U.S. Currency.
http://www.moneyinstructor.com helps teach economic concepts and has downloadable money templates that are helpful in simulations.
http://www.measuringworth.com tries to measure the worth of items by providing users with calculators and other resources about the value of items.
https://www.federalreserve.gov/faqs/currency_12771.htm explains how much it costs to produce currency and coin in 2019.
http://usdebtclock.org publishes in real time the current public and private date in America and all 50 States.
United States Monetary Policy
United States Monetary Policy
https://fee.org/articles/the-us-presidents-and-the-money-issue Apr 1, 1996 Greg Kaza provides a great overview of monetary policy throughout the presidential administrations up to President McKinley. FEE
https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets Mar 9, 2022 "That is why today, President Biden will sign an Executive Order outlining the first ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology. The Order lays out a national policy for digital assets across six key priorities: consumer and investor protection; financial stability; illicit finance; U.S. leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation." White House Briefing Room
https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets Mar 9, 2022 "By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows: Section 1. Policy. Advances in digital and distributed ledger technology for financial services have led to dramatic growth in markets for digital assets, with profound implications for the protection of consumers, investors, and businesses, including data privacy and security; financial stability and systemic risk; crime; national security; the ability to exercise human rights; financial inclusion and equity; and energy demand and climate change." White House Briefing Room
https://www.aier.org/article/cbdcs-what-can-we-learn-from-dollarized-countries Nov 13, 2022 "Advocates of a cashless economy argue that eliminating cash would reduce tax evasion and illegal transactions. In plain English, the government will be able to see what you are doing with your money." American Institute for Economic Research
https://home.treasury.gov/policy-issues/international/exchange-stabilization-fund/relations-with-the-federal-reserve The Secretary of the Treasury is the chief international monetary policy official of the United States. The Federal Reserve has separate legal authority to engage in foreign exchange operations. The Federal Reserve's foreign exchange operations are conducted in close and continuous consultation and cooperation with the Secretary to ensure consistency with U.S. international monetary and financial policy.
https://www.usa.gov/life-in-the-us#item-37317 The United States issues paper currency and coins to pay for purchases, taxes, and debts.
Paper Money
Paper Money
Denominations
American paper currency come in seven denominations: $1, $2, $5, $10, $20, $50, and $100. The United States no longer issues bills in larger denominations, such as $500, $1,000, $5,000, and $10,000 bills. But they are still legal tender and may still be in circulation. All U.S. currency issued since 1861 is valid and redeemable at its full face value.
Design and Security Features of Paper Money
The Bureau of Engraving and Printing (BEP) manufactures paper money. It also redesigns money, with new appearances and enhanced security features. BEP includes security features to prevent counterfeiting. Purchase commemorative or bulk versions of American currency through the Bureau's Money Store.
Coins
Coins
The United States issues several denominations, with the most common being: 1¢, 5¢, 10¢, 25¢, 50¢, and $1. The U.S. Mint manufactures and circulates coins to pay for goods and services. It also issues collectible and commemorative coins for sale. These coins honor a person, place, or event.
Mutilated Money
Mutilated Money
If you have paper money that is extremely damaged, you can redeem it with the BEP. Examples of damaged paper money include:
Bills that are less than one half of the bill
Bills in such a condition that you're unable to tell the denomination.
Redeem bent or partial coins through the Mutilated Coin Redemption Program.
https://www.federalreserve.gov/faqs/currency_12771.htm explains how much it costs to produce currency and coin in 2019.
https://www.federalregister.gov/agencies/federal-reserve-system May 18, 2022 "The Federal Reserve System, the central bank of the United States, is charged with administering and formulating the Nation's credit and monetary policy. Through its supervisory and regulatory banking functions, the Federal Reserve maintains the safety and soundness of the Nation's economy, responding to the Nation's domestic and international financial needs and objectives. The Federal Reserve System was established by the Federal Reserve Act (12 U.S.C. 221), approved December 23, 1913. Its major responsibility is in the execution of monetary policy. It also performs other functions, such as the transfer of funds, handling Government deposits and debt issues, supervising and regulating banks, and acting as lender of last resort. It is the responsibility of the Federal Reserve System to contribute to the strength and vitality of the U.S. economy. By influencing the lending and investing activities of depository institutions and the cost and availability of money and credit, the Federal Reserve System helps promote the full use of human and capital resources, the growth of productivity, relatively stable prices, and equilibrium in the Nation's international balance of payments. Through its supervisory and regulatory banking functions, the Federal Reserve System helps maintain a commercial banking system that is responsive to the Nation's financial needs and objectives." Agency URL: http://www.federalreserve.gov Federal Register The Daily Journal of the United States Government
Currency Video Links
Currency Video Links
Currency Youtube Links
Currency Youtube Links
https://www.youtube.com/watch?v=XvJnTQjdC-E Jan 2, 2020 Beijing is preparing to launch its own cryptocurrency, a move that could potentially lead to greater state control. WSJ’s Steven Russolillo takes a look at official documents to find out more about China's plans. Wall Street Journal
https://www.youtube.com/watch?v=TKBFpWGoqvA Sep 14, 2015 Get a brief overview of U.S. currency, including the denominations and series in circulation, as well as the design process. uscurrency
https://www.youtube.com/watch?v=Ybt04VtOmzE Dec 7, 2015 Understand the main security features common across all U.S. banknotes to help quickly, easily, and discreetly determine if a note is genuine. For more information, visit www.uscurrency.gov uscurrency
https://www.youtube.com/watch?v=qbfZaUmEAkA Sep 1, 2015 Michael Lambert, associate director for the U.S. Currency Program at the Federal Reserve Board, discusses who prints U.S. currency. uscurrency
https://www.youtube.com/watch?v=XX2_vel-i5I Apr 21, 2015 Michael Lambert, associate director for the U.S. Currency Program at the Federal Reserve Board, discusses how U.S. currency gets into circulation. uscurrency
https://www.youtube.com/watch?v=vJWAB_mi5lk Dec 19, 2014 Michael Lambert, associate director for the U.S. Currency Program at the Federal Reserve Board, discusses how the annual order for new currency is determined. uscurrency
https://www.youtube.com/watch?v=Xa8SHubMjGw Jan 9, 2020 Former Secret Service Agent Jonathan Wackrow explains how the Service keeps counterfeit currency out of circulation. The Secret Service was installed to combat counterfeit money during the Civil War, and the Service still to this day works tirelessly to suppress counterfeits. Counterfeiting has been a tactic used to try to destabilize the US economy for years, and the Secret Service employs a variety of techniques to detect fraudulent bills. Jonathan goes through some publicly available techniques that they, and anyone else, can use to figure out if a bill is real or fake. Wackrow served in the Presidential Protection Division in Washington, DC, and managed numerous high-level security operations in the U.S. and abroad. WIRED
https://www.youtube.com/watch?v=6okaRfROlnY Apr 8, 2022 The U.S. dollar is the most powerful currency that exists today. Yet, analysts have been warning the dollar’s impending doom since its original rise to prominence in 1971. As its share in the world’s reserve continues to decline, some experts worry that the dollar’s dominance may be under threat. So what would happen if the dollar were to lose its global reserve currency status? Watch the video find out. CNBC
https://www.youtube.com/watch?v=kkkH-0khoQw Apr 22, 2020 For more than seven decades, the United States dollar has been the world’s reserve currency, with a majority of international transactions using the greenback. CNBC’s Uptin Saiidi explains how it became so strong and explores whether its position could be threatened. CNBC International
https://www.youtube.com/watch?v=CxHarNKW7Go Oct 2, 2019 With some stores now refusing to accept cash as a form of payment, does this mean bills and coins are going the way of the dodo? Two Cents
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