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Swimming within the gold, The country of spain decided to go to area minting gold gold coins labeled as "pieces of eight," or peso de ocho— "pesos" to possess small. Sadly, Rand's claims about the history of the brand new dollars sign may well not getting direct since there is proof the use of the brand new dollar sign until the Us is actually inaugurated as the a nation in the 1776. The new dollar indication already been as the a U at the top of an enthusiastic S, as the shorthand to possess "You." Over time, the bottom of the fresh U gone away, leaving the newest S that have a few contours as a result of they. Inside her 1957 dystopian novel, Atlas Shrugged, the new heroin protagonist explains to some other reputation precisely what the money indication is short for. While the dollars signal doesn't always have a definite supply, you will find a couple of concepts as to how it showed up getting.
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