I am glad we have a standard money system in this country, but I wish our dollar were more stable than it is now. I wonder if the American dollar will ever be what it once was. I guess until we get out of these tough economic times, that is a just a vain hope.
For more information, please check out:
http://blog.marcusstuartvannini.com/2010/07/06/july-6-historic-events-births-deaths-50-cent-louis-armstrong-william-faulkner-ak-47/
http://www.investopedia.com/financial-edge/0709/On-This-Day-In-Finance-July-6---The-United-States-Adopts-The-Dollar.aspx#axzz1zqlX2EKS
http://www.thinkfinity.org/2010-07-06_dollar-us-currency
I really don't see how our dollar will ever be stabilized. It used to be backed by gold, but now it is based on credit.
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