Governments saw an opportunity to establish central banks and become the sole issuers and distributors of money.

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The U.S. Dollar, Euro, British pound, and Japanese Yen are all examples of fiat money backed by an issuing ... some differing accounts of when exactly paper currency in China started to become ...

The latest measure, sponsored by Sen. Jeanne Shaheen, a Democrat from New Hampshire, follows years of delays and efforts to have Harriet Tubman replace President Andrew Jackson on the $20 bill.