The power to make any thing but gold and silver a tender in payment of debts, is withdrawn from the States, on the same principle with that of issuing a paper currency
It was not an easy matter, on the spur of the moment, to raise ten millions in paper currency
, and there were vexatious delays.
Peter Goldthwaite, on the contrary, after innumerable schemes, which ought to have collected all the coin and paper currency
of the country into his coffers, was as needy a gentleman as ever wore a patch upon his elbow.
The pile of paper currency
occupied the whole table.
That mysterious paper currency
which circulates in London when the wind blows, gyrated here and there and everywhere.
Global Banking News-November 22, 2017--BoJ official says digital currencies will not replace paper currency
Just like paper currency
and coins, central bank digital currency (CBDC) would be fixed in nominal terms, universally accessible, and valid as legal tender for all public and private transactions.
and Sherrod Brown, D-Ohio, today pushed for the United States to begin producing paper currency
that includes tactile features to allow Americans who are blind or visually impaired to quickly differentiate between different monetary values.
In current, universal, circumstances, the rate of return on holding paper currency
is neither positive nor negative.
The world is awash in paper currency
, with major country central banks pumping out hundreds of billions of dollars' worth each year, mainly in very large denomination notes such as the $100 bill.
, and that was way back in the late 1800s when Martha Washington graced a $1 silver certificate.
are Martha Washington and Pocahontas.