Unlike the colorful bills of other countries, the United States has the same green bills for all values of it's currency, and there are a lot of different denominations: $1, $5, $10, $20, $50, and $100. But whatever happened to the $2 bill? It existed more famously at some point, but is a rare sight nowadays, although still legal to use. I still think it would be useful to have a $2 bill, so why aren't they ever used?
This isn't the only unique piece of American money. People who are lucky enough to have a silver dollar hold onto them for dear life. A silver dollar, which doesn't circulate anymore, is a coin (which is silver) that's worth the same amount of a one dollar bill (therefore, the name 'silver dollar'). These coins have been a problem ever since the US Mint started making them in the 1960's. When they began producing them, silver was growing in it's value, so the coins became much more valuable as a piece of silver than as US currency. The last minted silver dollars were made of 90% silver, and have a metal value of $11.44.
The two dollar bills, however, don't seem like they have a great amount of expensive metals within their bodies, so the question still remains: What happened to them?
Toms, as they are called because of President Thomas Jefferson who adorns them, were first created in 1862, and it was fairly common as paper money began to catch on. They were used steadily until the Great Depression, when most necessary products dropped below $1 because of the country's predicament. So the two dollar bill got off to somewhat of a rocky start- it was impractical for people at the time.
Even after the economy recovered, the $2 dollar bill became one of the more peculiar notes. "It became the the perfect note for some rather nefarious purposes. Politicians used to be known for bribing people for votes, and they would give them a $2 bill, so if you had one it meant that perhaps you’d been bribed by a politician. $2 is the standard bet at a race track, so if you were betting $2 and you won, you might get a bunch of $2 bills back and that would show that you were gambling," says producer and director John Bennardo of The $2 Bill Documentary. This specific note gathered a pretty bad reputation, and the value of the singles and $2 bills became closer together. As a result, the government cut the twos from the plan in 1966.
But the government would've been saving a lot of money by printing twos instead of ones. By simple math, they could produce half as many twos as they would ones and still have the same dollar amount. In 1976, the Treasury gave Toms the second chance that they deserved, and printed much less singles. As we imagined, they saved a lot of money, but the citizens saw the fancy new bills and thought they must be cherished and kept in keepsake boxes for new generations to see. They were considered a rare commodity, and therefore never prospered like they could have.
Today, the twos are still in circulation, but at a much smaller scale than the other notes. You can actually ask for them at any local bank!
Welcome to the first post of 2018! Get ready for a year of awesome posts!
Some believe that these doctors are just make you sit on a couch and spill out your problems without really making much of a difference in your health, but have you ever thought about their less than dignified nickname? The word "shrink" doesn't seem to have any direct relation to psychiatrists or their jobs, and it leaves just a twinge of disrespect for those with the occupation. For today's post, I set out to find whether or not calling these doctors "shrinks" is meant to be slightly impolite and where the name itself comes from.
I've recently discovered that the blogging community has a number of awards to recognize small bloggers and help them gain exposure to interested readers. A fellow blogger, Hannah Pasquet, recently reached out to me to tell me that she enjoyed reading the blog and would like to give me the Liebster Award! These small stamps of approval are extremely helpful in making bloggers feel good about their little contributions to the world, and I'm grateful to be apart of all this.
It is officially the last day of 2017! I hope all of you reading this had a wonderful year and continue to follow your goals and dreams in 2018. The next 365 days are going to be very eventful, I'm sure, so make the best of it!
Last week, I posted a wrapping-up-2017 type post, and although today is actually New Year's Eve, I decided I would do something less related to the holiday anyway. I am constantly finding big questions in little things, and it proves to be extremely helpful as a blogger because I never run out of ideas! This time, I was thinking about the most notable fairy-tale in the world, Cinderella, and how a significant portion of the story is based around Cinderella's uniquely-sized glass slippers. Of course, it is a story of magic and fairy godmothers, so not all of it is meant to be taken seriously, but the thought crossed my mind- Could glass slippers ever physically exist and be used practically? Fashion these days seems to be continually pushing boundaries, so I wouldn't be surprised to see some trendy person walking down the street with glass stilettos on, but wouldn't the shoes shatter after two steps?
As 2017 comes to an end, I thought I would try to do a more creative post in celebration of the new year, as well as an easy reflection on the most popular events of this chaotic but memorable 365 days. Let's take a look at Google's top global searches about things you may have already forgotten about!