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Allied Military Currency
Allied Military Currency ("AMC") was a form of currency issued by the Allied powers during World War II, to be issued to troops entering liberated or newly occupied countries, as a form of currency control. Background Historically, soldiers serving overseas had been paid in local currency rather than in their "home" currency; most cash drawn by soldiers would go directly into the local economy, and in a damaged economy the effects of a hard currency such as the dollar circulating freely alongside weaker local currencies could be severely problematic, risking severe inflation. There were other problems as well; once dollars were circulating in a combat region, the opposing side could freely use its own stocks of dollars as currency, or acquire stocks for use elsewhere. The high purchasing power of the dollar, and its easy transference back to the United States, also posed a significant incentive to black-marketeering.Rundell, p. 384 However, whilst the use of local currencies was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AM-Lira
The ''AM-lira'' (''A''llied-''M''ilitary Currency) was the currency issued in Italy by Allied Military Government for Occupied Territories (AMGOT) after the Allied invasion of Sicily in 1943. 100 AM-lire were worth 1 US dollar. History The Am- Allied Military Currency or lira was the currency that AMGOT put in circulation in Italy after the landing in Sicily on the night between 9 and 10 July 1943. The value was 100 "am-lire" for a U.S. dollar. Totally interchangeable with the normal Italian lira for military decision, it contributed to high inflation that hit Italy towards the end of World War II. The study of paper money specific to Italy began in July 1942. The first issue (Series 1943) was printed by the ''Bureau of Engraving and Printing'' (BEP, who has also designed the banknotes) and the ''Forbes Lithograph Corporation'' (FLC); the value was written only in numeric digits and the Italian language. This was hurried rough. On July 13, 1943, on the banknotes were printed and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of World War II
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. How ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Invasion Money
Japanese invasion money, officially known as Southern Development Bank Notes ( ''Dai Tō-A Sensō gunpyō'', "Greater East Asia War military scrip"), was currency issued by the Japanese Military Authority, as a replacement for local currency after the conquest of colonies and other states in World War II. In February 1942 in Japan, laws were passed establishing the Wartime Finance Bank and the Southern Development Bank. Both institutions issued bonds to raise funds. The former loaned money primarily to military industries, but also to a wide range of other ventures, including hydroelectric generators, electric power companies, shipbuilding and petroleum. The latter provided financial services in areas occupied by the Japanese military, and Southern Development Bank notes were in fact used as ''de facto'' military scrip. In December 1942, the outstanding balance of Southern Development Bank notes stood at more than 470 million; in March 1945, more than 13 billion. Already ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Japan)
The is one of the cabinet-level ministries of the Japanese government. The ministry was named the until 2001. The Ministry is headed by the , who is a member of the Cabinet and is typically chosen from members of the Diet by the Prime Minister. Overview The Ministry originated in the 6th century, when the was established as a state treasury in ancient Japan. When a modern system of government was introduced after the Meiji Restoration, the was established as a government body in charge of public finance and monetary affairs. It is said that new ministry employees are subtly reminded that the Ōkura-shō predates by some 1269 years when the new Constitution was imposed on the nation by the U.S. occupation forces in 1947. The Ministry has long been regarded as the most powerful ministry in the Japanese government. After various financial scandals revealed in the 1990s, however, the Ministry lost its power over banking supervision to a newly established Financial Services Ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Bureau Of Engraving And Printing
The Bureau of Engraving and Printing (BEP) is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes (paper money) for the Federal Reserve, the nation's central bank. In addition to paper currency, the BEP produces Treasury securities; military commissions and award certificates; invitations and admission cards; and many different types of identification cards, forms, and other special security documents for a variety of government agencies. The BEP does not produce United States coinage, coins; all coinage is produced by the United States Mint. With production facilities in Washington, D.C., and Fort Worth, Texas, the Bureau of Engraving and Printing is the largest producer of government security documents in the United States of America, United States. History The Bureau of Engraving and Printing has its origins in leg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
B Yen
was a colloquial term used to refer to a form of military scrip used in post-war US-Occupied Okinawa from April 15, 1946, to September 1958."B yen." ''Okinawa konpakuto jiten'' (沖縄コンパクト事典, "Okinawa Compact Encyclopedia"). ''Ryūkyū Shimpō''. 2003-3-1. Accessed 2009-2-24. Officially, it was called .Kadekawa, Manabu. ''Okinawa Champloo Encyclopedia'' (沖縄チャンプルー事典). Tokyo: Yama-Kei Publishers, 2001. p 176. Currency The B yen bills were of a blue or green color, and came in eight different denominations. History Two different types of scrip were issued during the occupation of Okinawa Prefecture by US forces. The United States military used a separate scrip called " A type yen" while "B type yen" were only used by the local civilians. In the brief time between the 1945 battle of Okinawa and the beginning of the US occupation, the islands went from a currency-free system, relying upon barter and distributions of supplies from the authoriti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A Yen
was a colloquial term used to refer to a form of military scrip used in post-war US-Occupied Japan, Korea, and Okinawa from September 7, 1945, to July 21, 1948. They are notable for being the first "Military Payment Certificates" (In Korea) given after World War II had ended. History Both "A" and "B yen" scrip in denominations from 10 sen to 100 yen were printed in 1945. These were to be used immediately upon the invasion of Okinawa, April 1, 1945. "A yen" scrip along with their "B yen" counterparts were initially presented in "SPECIMAN" booklets to help US Forces personnel identify the new invasion currency to be used. In general, "A yen" scrip was printed using the block number "A-A" with exceptions. The block number "H-A" was used for specimen examples that found their way into circulation and for replacement notes. When the "A-yen" scrip was released in Japan, Korea, and the Ryukyu Islands from July 19, to September 30, 1946 it was restricted to military use only.Kadekawa, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AM-Franc
The "flag ticket" franc (french: Billet drapeau) was a currency issued by the United States for use in Allied-occupied France in the wake of the Battle of Normandy. With the swift take-over of sovereignty by General Charles de Gaulle, who considered the US occupation franc as “ counterfeit money”, the currency rapidly faded out of use in favour of the pre-war French franc. Gallery External links Dubious Liberators: Allied Plans to Occupy France, 1942-1944 by Ted Rall Frederick Theodore Rall III (born August 26, 1963) is an American columnist, syndicated editorial cartoonist, and author. His political cartoons often appear in a multi-panel comic-strip format and frequently blend comic-strip and editorial-cart ... (archived frothe original. Currencies of France Currency symbols Modern obsolete currencies {{money-unit-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allies Of World War II
The Allies, formally referred to as the United Nations from 1942, were an international military coalition formed during the Second World War (1939–1945) to oppose the Axis powers, led by Nazi Germany, Imperial Japan, and Fascist Italy. Its principal members by 1941 were the United Kingdom, United States, Soviet Union, and China. Membership in the Allies varied during the course of the war. When the conflict broke out on 1 September 1939, the Allied coalition consisted of the United Kingdom, France, and Poland, as well as their respective dependencies, such as British India. They were soon joined by the independent dominions of the British Commonwealth: Canada, Australia, New Zealand and South Africa. Consequently, the initial alliance resembled that of the First World War. As Axis forces began invading northern Europe and the Balkans, the Allies added the Netherlands, Belgium, Norway, Greece, and Yugoslavia. The Soviet Union, which initially had a nonaggression pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austrian Schilling
The schilling (German language, German: ''Schilling'') was the currency of Austria from 1925 to 1938 and from 1945 to 1999, and the circulating currency until 2002. The euro was introduced at a fixed parity of €1 = 13.7603 schilling to replace it. The schilling was divided into 100 groschen. History Following the Carolingian coin reform in AD 794, new units of account were introduced including the ''schilling (coin), schilling'' which consisted of 12 silver ''pfennigs''. It was initially only a coin of account but later became an actual coin produced in many European countries. Before the modern Austrian schilling The currencies predating the schilling include: * The Florin, florin, in existence as a currency of the Holy Roman Empire since the 16th century, divided into 8 ''Schillings'' = 60 ''Kreuzer'' = 240 ''Pfennigs'' * The Austro-Hungarian florin after 1857, divided into 100 ''Neukreuzer'' * The Austro-Hungarian crown, introduced in 1892 upon adoption of the gold stand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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