| Title | : | The Coinage Act of 1792 and Establishment of the U.S. Dollar (HOM 20-A) |
| Lasting | : | 9.40 |
| Date of publication | : | |
| Views | : | 2,3 rb |
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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 : Jonathan Buchanan |
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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 : Louies Silver |
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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 : Joseph Hubert |
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