It became the the perfect note for some rather nefarious purposes. The economy recovered, but the $2 bill eventually found itself in a strange price point. “So the $2 bill really didn’t have much of a practical use.” “This was a time when our country did not have much wealth, and a lot of things cost less than a dollar,” Bennardo says. Inflation slowly brought the value of paper money down, but then the Great Depression hit.
That’s because a lot of folks made less than $15 a month before the turn of the century. The $2 bill was in that first printing, along with the $1 bill, but it took a while for paper money to catch on. The story of the $2 bill starts in 1862, when the federal government printed its first nationalized paper bills, Bennardo says. We took the question to John Bennardo, producer and director of an upcoming film called “ The $2 Bill Documentary.” It wasn’t too hard to find the definitive expert on Toms - that’s the nickname of the $2 bill thanks to the portrait of Thomas Jefferson that adorns them.
Patricia Anita Young of Minneapolis asked, in essence, “What’s the deal with $2 bills?” She wanted to know why they’re so rare, if they are worth more than $2 and if the government will ever stop printing them. Ever wondered if recycling is worth it? Or how store brands stack up against name brands? Check out more from the series here. This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no matter how big or small.
0 kommentar(er)
