Former Slave to Replace Slave Holder on $20 Bill

Andrew Jackson has to be one of my favorite presidents.  Not for any political reason, no.  I like him because he was almost certainly mentally unstable.

Andrew “Old Hickory” Jackson, 7th president of the United States, was a man that would have made even Donald Trump look sane.  He was a gambler, a war hero, participated in several duels, nearly beat an assassin to death with his walking stick, and was also a slave owner.  During his military career, he also led several wars against the Native Americans, and as president signed the Indian Removal Act, which subsequently led to the trail of tears.  He was also notorious for his hatred of the national bank.  During his presidency he actually destroyed the Second National Bank.  For his hard work, since the 1920s Jackson has been printed on the twenty dollar bill.

However, the universe has apparently gotten tired of that piece of irony, and a new face is set to appear on the $2o bill.  That person is Harriet Tubman.  That’s right, for the first time in American history, a black woman will appear on U.S. currency.

Who was Harriet Tubman?  Well, time for a brief history lesson.  Harriet Tubman was born a slave in the early 1800s.  She escaped to the North and earned her freedom.  She returned to the South, however, to help others escape.  She became an important figure in the Underground Railroad.  During the Civil War she also served as a nurse and a scout for the Union army.  After the war she returned north and fought for the cause of women’s suffrage.

All caught up?  Good, let’s get back to the main story.

Time Magazine reports that Tubman will be replacing Jackson on the $20 bill.  Don’t worry, fans of Andrew Jackson (and people who get angry over change,) our probably insane 7th president will remain on the money, he’s simply going to be moved to the back of the bill.  The planned change also won’t take effect until 2020.  The $20 isn’t the only currency that’s going to change, however.

The Department plans to unveil designs of the $5 bill, $10 bill, and $20 bill in 2020, in honor of the 100th anniversary of the 19th Amendment. As TIME reported last week, the timing on the production of the $20 bill is up in the air. Though the designs will be unveiled in 2020, the bills will enter circulation sometime later, with the $10 bill coming first. Because all of the bills will feature tactile changes to aide the blind, changes could take a significant amount of time.

My only concern is the economic effects of these changes.  If we put a woman on the dollar, isn’t it then only worth about 77 cents?

Harriet Tubman Will Replace Andrew Jackson on $20 Bill