The Money Plot: A History of Currency’s Power to Enchant, Control, and Manipulate

Economy, Policies

The Money Plot: A History of Currency’s Power to Enchant, Control, and Manipulate

Money obeys the rules of math, but math does not rule money. When it comes to creating and sustaining faith in a currency, the principles of narrative reign supreme. Like great characters, great currencies develop. The dollar faltered for more than 100 years after its founding. It teetered into the 20th century, then much like an adolescent on the verge of adulthood, matured and regressed in equal measure until, by the middle of the same century, it was ready to rescue the franc, the lira, the mark, the pound and the yen.

Heroes often discard logic and reason in favor of fury and passion; likewise, the impulses that motivated the greatest character ever invented. Molded from farmland, flesh, fish, forests, sugar and slaves, the dollar was and always would be synonymous with the American spirit. It epitomized the vision of Alexander Hamilton, Andrew Jackson, Woodrow Wilson, Franklin Delano Roosevelt, Richard Nixon and Ronald Reagan. Nothing would surpass it.

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