Paula had her first panic attack six months ago. She was in her office preparing for an important work presentation when, suddenly, she felt an intense wave of fear. Then the room started spinning and she felt like she was going to throw up.
There is about $1.2 trillion dollars of U.S. currency in circulation. The Federal Reserve Banks distribute new currency for the U.S. Treasury Department, which prints it.
The Great Ming Precious Notes eventually disappeared from commerce and there are no known references to paper money being in circulation after 1455 thus ending China's first 650 years of experience with paper money.