{"id":2417,"date":"2015-03-03T17:27:43","date_gmt":"2015-03-03T17:27:43","guid":{"rendered":"https:\/\/histowiki.com\/?p=2417"},"modified":"2020-09-24T15:46:40","modified_gmt":"2020-09-24T15:46:40","slug":"timeline-history-of-the-u-s-monetary-system","status":"publish","type":"post","link":"https:\/\/histowiki.com\/history\/2417\/timeline-history-of-the-u-s-monetary-system\/","title":{"rendered":"Timeline History Of The U.S. Monetary System"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full aligncenter\" src=\"https:\/\/50th-reunion.com\/greytrek\/AmericanMonetarySystem.jpg\" width=\"1237\" height=\"948\" \/>The<a title=\"Fiat money system\" href=\"http:\/\/www.investopedia.com\/terms\/f\/fiatmoney.asp\" target=\"_blank\" rel=\"noopener noreferrer\"> Fiat Money System<\/a> is being severely tested with the current financial crisis. Below is a timeline of the U.S. monetary system, and all the factors that have everyone wondering what will happen next.<\/p>\n<div class=\"visually_embed\" data-category=\"Economy\">\n<p><img decoding=\"async\" class=\"visually_embed_infographic\" src=\"http:\/\/thumbnails.visually.netdna-cdn.com\/the-evolution-of-the-monetary-system_502917a95cc51_w587.jpg\" alt=\"The Evolution of the Monetary System\" \/><\/p>\n<p><strong><span id=\"BlackFriday1869\">1869<\/span> &#8211;<\/strong>\u00a0<strong>Black Friday, a gold currency panic!<\/strong> Plummeting gold prices led to a panic known as <a href=\"https:\/\/www.scottcountyhistory.org\/blog\/black-friday-a-little-history\" target=\"_blank\" rel=\"noopener noreferrer\">Black Friday<\/a>, when U.S. President Ulysses S. Grant, after learning of an attempt by Jay Gould and James Fisk to drive up the gold market, ordered $4 million of government gold to be sold on the market.<\/p>\n<p>Sources:<br \/>\nhttps:\/\/www.scottcountyhistory.org\/blog\/black-friday-a-little-history<br \/>\n<a href=\"http:\/\/visual.ly\">visual.ly<\/a><\/p>\n<p>This timeline needs a curator. Could that be you? Ask us if this timeline is right for your curation via our contact us page.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Fiat Money System is being severely tested with the current financial crisis. Below is a timeline of the U.S. monetary system, and all the factors that have everyone wondering what will happen next. 1869 &#8211;\u00a0Black Friday, a gold currency panic! Plummeting gold prices led to a panic known as&#8230;<\/p>\n","protected":false},"author":32,"featured_media":3048,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[256,287],"tags":[],"_links":{"self":[{"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/posts\/2417"}],"collection":[{"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/comments?post=2417"}],"version-history":[{"count":11,"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/posts\/2417\/revisions"}],"predecessor-version":[{"id":3213,"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/posts\/2417\/revisions\/3213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/media\/3048"}],"wp:attachment":[{"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/media?parent=2417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/categories?post=2417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/histowiki.com\/wp-json\/wp\/v2\/tags?post=2417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}