The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank.
The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains (24.057 g) (0.7735 troy ounces) fine silver or, from 1837, 23.22 grains (1.505 g) fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. Since 1971, all links to gold have been repealed.
The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War. The dollar is the most widely used currency in international transactions, and a free-floating currency. It is also the official currency in several countries and the de facto currency in many others, with Federal Reserve Notes (and, in a few cases, U.S. coins) used in circulation.
As of February 10, 2021, currency in circulation amounted to US$2.10 trillion, $2.05 trillion of which is in Federal Reserve Notes (the remaining $50 billion is in the form of coins and older-style United States Notes).
To read a lot more, go here: https://en.wikipedia.org/wiki/United_States_dollar
- 1 refrigerated rolled pie crust (from a 15-ounce package)
- 1 1/2 cups shredded white Cheddar cheese
- 1 1/2 cups shredded Swiss cheese
- 11 spears fresh asparagus, cut into 4-inch lengths, lightly blanched
- 3 eggs
- 1 cup half-and-half
- 1 teaspoon onion powder
- 1/4 teaspoon black pepper
- Preheat oven to 350º. Unroll pie crust and place in a 9-inch pie plate.
- In a medium bowl, combine the cheeses; mix well and sprinkle evenly over pie crust. Place asparagus spears over cheese in shape of sunburst. (See photo.)
- In a small bowl,whisk eggs, half-and-half, onion powder, and pepper until thoroughly combined. Pour over asparagus.
- Bake 40 to 45 minutes, or until firm and a wooden toothpick inserted in center comes out clean. Cool 5 minutes, then slice and serve.
***Frozen asparagus spears work just as well.
On May 31st, we celebrate The Beehive State on National Utah Day!
Utah became the 45th state on January 4, 1896, and is home to The Great Salt Lake, a deeply rooted Native American heritage, and a far-reaching desert history.
Travel in the footsteps of Utah’s namesake, the Utes, or the Shoshone, Navajo or Goshute. Follow the trails of early explorers or Mormon settlers. They all lived among the natural arches and bridges formed long ago. These architectural wonders of nature are a cornerstone of Utah.
Find treasure everywhere you look. From the sunrise to the spiraling cliffs and the bejeweled night sky. Catch an unobstructed view of the Milky Way for miles or schedule a trip just in time for a meteor shower. Since Utah has significantly less light pollution, night star viewing is spectacular!
Discover why some still believe the world flat by visiting Bonneville Salt Flats. Home of land speed records and a barren environment, the salt flats were once part of a much larger lake. The Great Salt Lake is one of its remnants.
HOW TO OBSERVE National Utah Day
Join National Day Calendar as we celebrate the 45th state to join the union. Explore the history and people of Utah. Follow the trails of the pioneers and discover a wealth of heritage in one place.
And it's also..............................