re: #511 engineer dog

the united states printed some paper currency in the colonial period and during the civil war, but they had a bad experience with it in the colonial period, and the civil war currency was just a temporary war measure. ‘bank notes’ were issued by banks, and you might get run out of town trying to pay people with them, since they became worthless if the bank went under. gen’l jackson and people like him called them ‘shinplasters’ and wouldn’t touch em with a ten foot pole

i think it wasn’t until the 1880s that the u.s. gummint began to issue paper money on a regular basis

“A United States Note, also known as a Legal Tender Note, was a type of paper money that was issued from 1862 to 1971 in the U.S. “

“Federal Reserve Notes are fiat currency, with the words “this note is legal tender for all debts, public and private” printed on each note. (See generally 31 U.S.C. § 5103.) They have replaced United States Notes, which were once issued by the Treasury Department.”