In 1898, John Nuvine had a vision to underwrite
municipal bonds that would propel American infrastructure into the 20th century.
More than 125 years later, that vision lives on.
Today, Nuvine has grown into a leading global asset manager with expertise spanning public and private markets,
still investing with a future in mind.
By the early 17th century, the word dollar shows up in Shakespeare twice.
This wasn't just for merchants.
So as commerce spreads to the American colonies, the dollar also becomes a standard accepted unit of value and coin.
In the United States as well or rather in the colonies
but then they choose for their currency a Spanish coin made from Mexican silver with a German name.
Well that shows the joys of multiculturalism and immigrants they get the job done.
It's an immigrant coin it's not the story of sovereignty.
So when is someone going to tell the American government that they're using an immigrant coin?
Today on the story of money the origins of the dollar.
That's the topic which is super timely today because I've been seeing central bank governors
and finance ministers recently and what many of them are wondering is can the dominance
of the dollar remain in place and is there anything which could possibly topple it?
And of course to answer those questions about why the dollar is so dominant,
it actually pays to look not just to the future but also to the past.
And to understand exactly how and where the dollar came from in the first place,