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Monday, January 23, 2017
The mighty greenback has dominated the global economy for decades, but have you ever really looked at the design of the ubiquitous U.S. dollar? There are some odd things going on there. But what does it mean?
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Today's Random Fact:
The two circular drawings on the reverse of the bill are actually parts of the two-sided Great Seal of the United States. Although we don't see the entire seal outside of our wallets too often, the notion of having a great seal is actually as old as the country itself. The Continental Congress passed a resolution on July 4, 1776, to create a committee to design a great seal for the fledgling nation.
The obverse picturing the eagle is a bit easier to explain. The bird holds 13 arrows to show the nation's strength in war, but it also grasps an olive branch with 13 leaves and 13 olives that symbolize the importance of peace. (The recurring number 13, which also appears in the stripes on the eagle's shield and the constellation of stars over its head, is a nod to the original 13 states.)
The symbolism of the pyramid on the seal's reverse is trickier. The pyramid has 13 steps the designers apparently never got tired of the 13 motif and the Roman numeral for 1776 is emblazoned across the bottom. The all-seeing Eye of Providence at the top of the pyramid symbolizes the divine help the early Americans needed in establishing the new country. The pyramid itself symbolizes strength and durability.
The Latin motto Annuit Ceptis appears over the pyramid; it translates into "He [God] has favored our undertaking." The scroll underneath the pyramid reads Novus Ordo Seclorum, or "A new order of the ages," which was meant to signify the dawn of the new American era.