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- The author and philosopher Ayn Rand relatively thought so it concept and you may made a decision to tend to be they in the a part away from the girl 1957 unique Atlas Shrugged, in which you to definitely character requires various other exactly what the buck indication really stands for.
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The brand new $ (dollar sign) symbol can be used to help you represent different forms out of money within the industry, especially the us dollars. Having less research behind the newest dollar indication’s historical development has acceptance place to own folktales. One of the most infamous is that promulgated from the Ayn Rand within her book Atlas Shrugged (1957). In it she asserts your symbol are an enthusiastic amalgamation of the new characters You and S (symbolizing “You”) to the bottom of one’s U dropped. The fresh literary quality of the allege is based on representing the new U.S. since the a bastion out of economic liberty, nevertheless has no informative basis. Centered on a related idea, the fresh symbol is due to an abbreviation away from peso because the Ps.
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