The History of the US Dollar

The video explores the history of the dollar, from its origins in silver coinage to its role in the American colonies and the Revolutionary War. It discusses the establishment of the dollar as the national currency with the Coinage Act of 1792, the introduction of greenbacks during the Civil War, and the dollar's rise as a global reserve currency post-WWII. The transition to a fiat currency and the cultural significance of figures on US currency are also covered.

What led to the US dollar becoming the world's global reserve currency after World War 2?

What does it mean for the US dollar to be a Fiat currency?

What was the proposed change to the $20 bill announced in 2016?