The Coinage Act Of 1792 And Monetary Policy Today
The United States used to charge a fee for getting one of its dollars, to cover expenses—such is the way of all good business ...
Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny?
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
History of Coinage in the U.S.
Fact checked by Yarilet Perez Reviewed by Samantha Silberstein Before the first coinage act in the United States, citizens of the U.S. exchanged goods and services through the barter system. At this ...
Trump orders halt to minting of penny. Here’s how it could cost you money
President Donald Trump has ordered the U.S. Treasury to cease minting the penny coin in a bid to cut government spending, USA ...
Forbes17d
Gold Is Still Your Only Monetary Alternative
This was exemplified by one of the first Acts of the new Congress, the Coinage Act of 1792. In that Act, it said: SEC. 19. And be it further enacted, That if any of the gold or silver coins which ...
Nasdaq7d
What is De-Dollarization and is it Good or Bad?
The US Mint was founded by the Coinage Act of 1792, establishing the dollar as the primary currency unit. The dollar's value was initially set relative to gold and silver, and it has since ...
MoneyWeek4mon
A guide to the gold-silver ratio
The US government's Coinage Act of 1792, which confirmed the dollar as the US standard currency unit also fixed the gold-silver ratio at 15:1. This ultimately resulted in gold being valued over ...
Investopedia20d
History of Coinage in the U.S.
Brian Twomey has 14+ years of experience as an independent foreign exchange currency trader and is the founder of Brian's Investments. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an ...