The Pittman Act of 1918 When America Melted Silver Dollars
Автор: Finance Archives
Загружено: 2025-11-14
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The Pittman Act of 1918 When America Melted Silver Dollars
In 1918, the United States did the unthinkable — melting over 270 million silver dollars in one of the most extraordinary acts in American financial history.
Known as the Pittman Act, this wartime law secretly funneled U.S. silver to Britain, stabilized India’s economy, and gave birth to the Peace Dollar—replacing the destroyed Morgan Dollars.
Discover how this single decision changed global economics, shaped modern monetary policy, and revealed how nations use money as a weapon of power.
#History #AmericanHistory #Silver #WWI #Economics #Numismatics #USMint #MorganDollar #PeaceDollar #CoinCollecting #Finance #GoldVsSilver #thecoinfinancials
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