What Did the USA Issue for Paper Money During World War II?

Описание к видео What Did the USA Issue for Paper Money During World War II?

Many people know about the U.S. Hawaii and North Africa currency issued during World War II but there is a lot more to the story. The U.S. War Department, Treasury Department & the Bureau of Engraving and Printing certainly issued more than just paper emergency banknotes. They all had to be creative to figure out a way to pay the service personnel overseas, produce enough currency for U.S. economy that was growing unbelievably fast and pay for the war. The U.S. Federal Budget grew ten times bigger from 1940 - 1945. It was a critical time for currency not only at home but abroad. It all started with the Empire of Japan's attack on Pearl Harbor December 7, 1941 and would continue on until well after the war was won.

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Is it called Paper Currency or Paper Money? Because it’s not paper at all. But I am a Paper Money Collector and like Paper Money Collecting as a Hobby. The Hobby is called Numismatics and if you collect you are a Numismatist. I also love History and work for a historical society and love collecting a Dollar or Dollars specifically the U.S. Dollar or is it the US Dollar? I have recently started collecting Obsolete Bank Notes or Obsolete Banknotes? Is Banknote one or two words. Today’s currency is made by the Bureau of Engraving and Printing (BEP) and issued by the Federal Reserve Bank which issues Federal Reserve Notes that have a green seal and green serial numbers. At one point in time they issued large size banknotes called Federal Reserve Bank Notes. The Treasury Department used to issue Treasury Notes, Gold Certificates, Silver Certificates, and Legal Tender Notes, United States Notes and National Bank Notes. There were two sizes of U.S. currency. They were the Small Size Banknote, Small Size Bank note and the Large Size Banknote, Large Size Banknote. Before 1996 they were called Small Head Banknotes, Small Head Bank Note and after that they were called Monochrome Bank Note, Monochrome Banknotes.













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