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The Coinage Act of 1792 and Establishment of the U.S. Dollar (HOM 20-A)

Professor Barth 3 views

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@joseftaghizadeh8655
 Ottoman turks called sickman of Europ because like som europian Turks wasn't colonialist and didn't enslaved Africans or thers and din't change others language or religionThey didn't change Greeks language or religion in 500 years ruling GreeceTurks didn't used opium and addiction as a income sourcesAnatolian opium trade domestically in Armenian monopoli and out side anatolia inglish levant company(east india ompany) and Ameican Perkins and Astors hade opium trade monopoli
Comment from : @joseftaghizadeh8655


@alexdmarcon
 The money was the metal, silver & gold in coin form Exchanging them is barter first between 2 peoplebrGold is not money, gold can be USED AS MONEY but in exchaning it is wealth exchange is barterbrThe Coinage Act of 1792 states, AS MONEY, that means AS A MEDIUM OF EXCHANGE AND IS BARTERbrThe people owned the metal and today are so stuupid they don't understand the should own the thing they exchangebron planet earth as human beings, with no fractional reseve banking
Comment from : @alexdmarcon


@junzo65
 I've watched most of your lectures and have really enjoyed them I have a request - Professor Barth presents "A Return to Bimetalism in The United States of America" br I realize much of this lecture would be speculation and one man's imagination at work but I sure would like to see you give it to this audience One of my top questions would be how to reconcile all the wealth accumulated by the public, as well as the debt since going to fiat money? And Historical examples of countries going away from paper and back to real money, how did they account for all the paper? For example, would a bill gates or Jeff bezos have to exchange their paper at a reduced rate? Would the dollar need to first become worthless? Or could there be a seamless transition? All these questions acknowledging no Act of Congress or political will to do so currently Thanks!
Comment from : @junzo65


@losinglouie
 Thank you for an excellent series You are a superb educator, and I am enjoying your balanced presentation of the history of money immensely
Comment from : @losinglouie


@josephhubert753
 I wonder how they managed to get rid of all of the millions of dollars worth of paper currency that was printed to fund the revolutionary wars brbrAlso, why would they want to have a bimetallic currency system, when one of the problems that they were facing was the lack of silver in the colonies which was mentioned in the earlier lectures?
Comment from : @josephhubert753

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