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The Evolution of US Currency

The Rich History of US Currency

The Evolution of US Currency

At times, America may not be the most popular nation in the world, but one thing is for sure: it is famous for its green. The greenback has been iconic since its inception.

This infographic above misses a few key instances in US currency history – namely the birth of the Federal Reserve in 1913 and Nixon ending convertibility to gold in 1971. Both events were catalysts to massive money printing which leaves the USD with only a fraction of the purchasing power that it once had.

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There are now 34.5 billion notes in circulation worth a total of $1.23 trillion.

Original infographic from: QuickenLoans.com



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