Tuesday, July 28, 2015

Dollar for Dollar 

The word dollar was devised by the first secretary of the treasury Alexander Hamilton. He wanted the currency of our new nation to have a name that conveyed a sense of being sound. He pondered the two most trusted currencies--the thaler, a coin minted from silver dug in Bohemian mines, and Spanish doubloons, struck in silver from the massive mine at Potosi, Bolivia--coining the new word dollar.

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