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Military payment certificate. One-dollar bill Series 692 ( from the Vietnam War era 1970–73) Military payment certificates, or MPC, was a form of currency used to pay United States (US) military personnel in certain foreign countries in the mid and late twentieth century. They were used in one area or another from a few months after the end ...
Historically, soldiers serving overseas had been paid in local currency rather than in their "home" currency. [1] Most cash drawn by soldiers would go directly into the local economy, and in a damaged economy the effects of a hard currency such as the dollar circulating freely alongside weaker local currencies could be severely problematic, risking severe inflation.
During World War I, 25-cent Thrift stamps were offered to allow individuals to accumulate enough over time to purchase the standard 5-dollar War Savings Certificate stamp. When the Treasury began issuing war savings stamps during World War II, the lowest denomination was a 10-cent stamp, enabling ordinary citizens to purchase them.
Transporting U.S. currency overseas costs the military hundreds of thousands of dollars annually – during the Iraq War, for every $1,000,000 sent to pay soldiers in Iraq, it cost $60,000 in security, logistics, and support fees. [6] It also eliminates the need for the World War II practice of producing the military payment certificate. The ...
Hollow Horn Bear was featured on a 1922 US postage stamp and a 1970 $10 Military Payment Certificate. Some sources record him as the basis for the image on the 1899 US five-dollar silver certificate and other depictions of Native Americans. A historical marker was erected in his honor in South Dakota in 1962.
Health Coverage. Family members of an active-duty, retired or deceased service member, National Guard soldier, Reservist or Medal of Honor recipient may be able to qualify for health insurance ...
If you're transitioning out of the service and into the civilian workforce, you have plenty of reasons to be optimistic. Small Business Spotlight: Don't Miss Out on Nominating Your Favorite Small...
The 50 Cent Party, also known as the 50 Cent Army or wumao ( / ˈwuːmaʊ /; from Chinese: 五毛; lit. 'five dimes'), are Internet commentators who are paid by the authorities of the People's Republic of China to spread the propaganda of the governing Chinese Communist Party (CCP). [ 1][ 2][ 3] The program was created during the early phases ...