Posts tagged with ‘financial history’

  • This Day in History April 22, 1864

    By Ruth on April 22, 2013
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    Ever seen a two-cent piece?  I honestly didn’t know there was such a thing. On this date in 1864, the first two cent piece was released with the motto “In God We Trust.” This motto was new, and it was part of the U.S. Coinage Act.  But did you know that this motto was not the only one proposed?  Try […]
  • This Day in History April 19, 1933

    By Ruth on April 19, 2013
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    Well, this may have been the real beginning of our continued financial woes.  On this date in 1933, President Franklin Roosevelt made the announcement that America would be suspending gold exports to other countries.  In other words, we went off the gold standard.  No longer did our money have to be backed by gold.  It devastated the value of the […]