Questions tagged [phase out]

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Maria Maria Tue Aug 06 2024 | 0 answers 0

Why did President Lyndon Johnson phase out silver coins?

Could you elaborate on the reasons behind President Lyndon Johnson's decision to phase out silver coins? Was it due to a shift in the global economic landscape, a change in the value of silver, or perhaps a desire to modernize the US currency system? How did this decision impact the economy and the public at the time?

Why did President Lyndon Johnson phase out silver coins?

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