| − | The dollar symbol $ is a corruption of the monogram of the initials U.S., and is often used in a derogatory fashion. Ayn Rand once said that "Do you know that the United States is the only country in history that has ever used its own monogram as a symbol of depravity? Ask yourself why. Ask yourself how long a country that did that could hope to exist, and whose moral standards have destroyed it." This statement would not be true if we took it to mean that some US citizens used the monogram in a derogatory fashion, since that is, and has been, a common form of protest.
| + | One theory states that the dollar symbol $ is a corruption of the monogram of the initials U.S., and is often used in a derogatory fashion. Ayn Rand once said that "Do you know that the United States is the only country in history that has ever used its own monogram as a symbol of depravity? Ask yourself why. Ask yourself how long a country that did that could hope to exist, and whose moral standards have destroyed it." This statement would not be true if we took it to mean that some US citizens used the monogram in a derogatory fashion, since that is, and has been, a common form of protest. |
| | + | According to the U.S. Bureau of Engraving and Printing, the most widely accepted origin for the dollar sign is that it evolved from <i>P's</i>, being used to represent Spanish or Mexican pesos, piastres, or "pieces of eight", which were common in the English colonies in North America. Over time the S was superimposed upon the P and this created a close approximation to the modern $.<ref>http://www.moneyfactory.gov/document.cfm/18/113</ref> |