{"id":39013,"date":"2013-12-11T01:53:16","date_gmt":"2013-12-11T06:53:16","guid":{"rendered":"http:\/\/countingpips.com\/?p=39013"},"modified":"2013-12-11T01:53:17","modified_gmt":"2013-12-11T06:53:17","slug":"video-change-in-currency","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2013\/12\/11\/video-change-in-currency\/","title":{"rendered":"VIDEO: Change in Currency"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><script language=\"javascript\" type=\"text\/javascript\" src=\"http:\/\/player.grabnetworks.com\/js\/Player.js?id=1767162&#038;content=vf35ac468e55bcda417057382c49a7217b270c374&#038;width=542&#038;height=304&#038;tgt=grabnetworks\"><\/script><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>The first US dollar bills, created in 1862, were issued to finance the Civil War. And because their reverse sides were printed in green and black, they got the nickname &#8220;greenbacks.&#8221; But, in part to combat counterfeiting, the designs had to change. In 1935, the familiar Seal of the United States &#8211; which includes a pyramid with an eye on top &#8211; was introduced to the back of the dollar bill. The Latin inscription under the pyramid reads, &#8220;Novus Ordo Seclorum&#8221; \u2013 and means &#8220;a new order for the ages.&#8221; Over the years, paper money has literally shrunk \u2013 by 30% &#8211; and undergone many small adjustments. The latest change happened in October 2013, with the 100-dollar bill featuring a Liberty Bell that switches color from copper to green when tilted &#8211; in an effort to battle counterfeiting. This new 100 bill has been said to be uncounterfeitable. Back in 1862, over a third of the currency was fake; today, the Department of Treasury estimates there are currently only 70 million counterfeit dollars in circulation. Proving the more things change, the more some things try and stay the same.<\/p>\n<p><img src='http:\/\/images.grab-media.com\/who_knew\/2013\/12\/11\/8f1d653cfd4d25947202f6dc9db6cc2b0c4a7476_thumbnail.jpg' \/><\/p>\n<p><!--post_img[http:\/\/images.grab-media.com\/who_knew\/2013\/12\/11\/8f1d653cfd4d25947202f6dc9db6cc2b0c4a7476_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first US dollar bills, created in 1862, were issued to finance the Civil War. And because their reverse sides were printed in green and black, they got the nickname &#8220;greenbacks.&#8221; But, in part to combat counterfeiting, the designs had to change. In 1935, the familiar Seal of the United States &#8211; which includes a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2013\/12\/11\/video-change-in-currency\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VIDEO: Change in Currency&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-39013","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/39013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=39013"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/39013\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=39013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=39013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=39013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}