AM-lira
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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 ...
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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 ...
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Allied Military Government For Occupied Territories
The Allied Military Government of Occupied Territories (originally abbreviated AMGOT, later AMG) was the form of military rule administered by Allied forces during and after World War II within European territories they occupied. Notable AMGOT This form of controlled government was implemented in the states of Germany, Italy, Austria and Japan, amongst others. Opposition of France US President Franklin Roosevelt insisted that an AMGOT should be implemented in France, but this was opposed by both Henry Stimson, the US Secretary of War, the US Under-Secretary for War, as well as Allied Europe Supreme Commander, General Dwight Eisenhower, who had been strongly opposed to the imposition of AMGOT in North Africa. Eisenhower, unlike Roosevelt, wanted to cooperate with Charles de Gaulle, and he secured a last-minute promise from Roosevelt on the eve of D-Day that the Allied officers would not act as military governors and would instead cooperate with the local authorities as th ...
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Arabic Numerals
Arabic numerals are the ten numerical digits: , , , , , , , , and . They are the most commonly used symbols to write Decimal, decimal numbers. They are also used for writing numbers in other systems such as octal, and for writing identifiers such as computer symbols, trademarks, or license plates. The term often implies a decimal number, in particular when contrasted with Roman numerals. They are also called Western Arabic numerals, Ghubār numerals, Hindu-Arabic numerals, Western digits, Latin digits, or European digits. The ''Oxford English Dictionary'' differentiates them with the fully capitalized ''Arabic Numerals'' to refer to the Eastern Arabic numerals, Eastern digits. The term numbers or numerals or digits often implies only these symbols, however this can only be inferred from context. It was in the Algerian city of Béjaïa that the Italian people, Italian scholar Fibonacci first encountered the numerals; his work was crucial in making them known throughout Europe. ...
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