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    United States dollar - Wikipedia

    The US Dollar: What You Need to Know
    The US Dollar: What You Need to Know
    How to Invest in a Falling Dollar
    How to Invest in a Falling Dollar
    Overview

    Article I, Section 8 of the U.S. Constitution provides that Congress has the power "to coin money". Laws implementing this power are currently codified in Title 31 of the U.S. Code, under Section 5112, which prescribes t… See more

    History

    The U.S. dollar was introduced at par with the Spanish-American silver dollar (or Spanish peso, Spanish milled dollar, eight-real coin, piece-of-eight). The latter was produced from the rich silver mine output of Spanish A… See more

    Coins

    The United States Mint has issued legal tender coins every year from 1792 to the present. From 1934 to the present, the only denominations produced for circulation have been the familiar penny, nickel, dime, quarter, hal… See more

    Banknotes

    The U.S. Constitution provides that Congress shall have the power to "borrow money on the credit of the United States." Congress has exercised that power by authorizing Federal Reserve Banks to issue Federal Re… See more

    Monetary policy

    The Federal Reserve Act created the Federal Reserve System in 1913 as the central bank of the United States. Its primary task is to conduct the nation's monetary policy to promote maximum employment, stable prices, and … See more

    International use as reserve currency

    The primary currency used for global trade between Europe, Asia, and the Americas has historically been the Spanish-American silver dollar, which created a global silver standard system from the 16th to 19th centuries, d… See more

    Value

    The 6th paragraph of Section 8 of Article 1 of the U.S. Constitution provides that the U.S. Congress shall have the power to "coin money" and to "regulate the value" of domestic and foreign coins. Congress exercised t… See more

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