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In this video we’re going to look at American currency. It’s really hard to counterfeit. Almost every single part of American currency is there to make it difficult to copy. The United States Department of Treasury spends billions each year producing it, and it is quite an elaborate process. Oh don’t get me wrong, many still try to counterfeit American currency, and in fact many are still successful. The Department of Treasury estimates that possibly $200 million in counterfeit bills are currently in circulation. That would mean that about 1 Federal Reserve Note out of every 4,000 out there right now is counterfeit.
Meh, almost every store would probably still accept it, anyway. After all, it got there in the first place.
But hold up. What about the people on this currency? Who ARE these people? Do they think they’re a big deal?
Why yes, they ARE a big deal. Most of them were American Presidents. However, others are just important people in American history, and some of them featured on different currencies over the years may surprise you. The Secretary of the Treasury is in charge of selecting people, and there’s no law saying that the people on the currency have to always be the same.
In this video, I’m looking at every person on American currency, and I’ll give some basic information about them, although I’m sure you’re already familiar with most of them.