Federal Reserve notes are legal tender currency notes. The twelve Federal Reserve Banks issue them into circulation pursuant to the Federal Reserve Act of 1913. A commercial bank belonging to the Federal Reserve System can obtain Federal Reserve notes from the Federal Reserve Bank in its district whenever it wishes by paying for them in full, dollar for dollar, from its account with Federal Reserve Bank. Federal Reserve Banks get the notes from the U. S. Bureau of Engraving and Printing (BEP). It pays the BEP for the cost of producing the notes. Congress has specified that a Federal Reserve Bank must hold collateral equal in value to the Federal Reserve notes that the Bank receives. This collateral is chiefly gold certificates and United States securities. This provides backing for the note issue. Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has been the case since 1933. The notes have no value for themselves, but for what they will buy.
10 Question 10 Posted by 5 months ago Question I've been trying to find something like this but there's so much spam and bad blogs. 8 comments 79% Upvoted Log in or sign up to leave a comment Log In Sign Up Sort by level 1 5 months ago Are you looking for an income statement? if so i can send you a free one 6 level 2 5 months ago 2 Continue this thread level 2 Original Poster 5 months ago Something like that but all the examples I've found have been very obvious without showing loans or taxes. 1 More posts from the smallbusiness community Continue browsing in r/smallbusiness r/smallbusiness Questions and answers about starting, owning, and growing a small business 542k Members 665 Online Created Jan 8, 2009 help Reddit App Reddit coins Reddit premium Reddit gifts about careers press advertise blog Terms Content policy Privacy policy Mod policy Reddit Inc © 2021. All rights reserved
What was popular depended greatly on region, personal preference, and wealth. Rich people often used hemp, lace, or wool; poor people, on the other hand, would often simply poop in rivers and clean off with water, rags, wood shavings, leaves, hay, rocks, sand, moss, sea weed, apple husks, seashells, ferns, and pretty much whatever else was at hand and cheap or free. As for the Ancient Romans, one of their favorite wiping items, including in public restrooms, was a sponge on a stick that would sit in salt water and be placed back in the salt water when done… waiting for the next person… Definitely don't want to get the wrong end of the stick on that one… Ancient Greeks, on the other hand, often used stones and pieces of clay. Fast-forwarding to more modern times, America's favorite wiping item tended to be things like corn cobs and other such plant items, and, later, the pages of Sears and Roebucks, Farmers Almanac, and other catalogs. The Farmers Almanac even came with a hole in it so it could be easily hung in bathrooms for just this purpose.