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    When did the USA change from the British currency to dollars and cents.

    What is the history and who made the decision to call the US currency "dollars and cents?


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    0  Views: 257 Answers: 2 Posted: 13 years ago
    Tags: us currency

    2 Answers

    The was created by the Coinage Act of 1792, which specified the value and denomination of the dollar.


    The dollar had a set amount of gold and silver, which was then set against goods available in the economy and goods were bought and sold when compared to the amount of precious metal contained in each coin.


    Unfortunately today Obama is rapidly devaluing the Dollar by creating Trillion dollar annual deficits,


    When the U.S. got too fat, and wanted to shed "pounds", and did, in 1792. Their initial weight loss came when they "shed" the British by defeating them in the Revolutionary War.



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