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Flamingos are a familiar sight even to those who have never seen one in real life. The U.S. dollar first emerged as an important international reserve currency in the 1920s, displacing the British pound sterling as it emerged from the First World War relatively unscathed and since the United States was a significant recipient of wartime gold inflows.

Then maybe you'd prefer to check out the way The Cottage Market created these fantastic pink flamingo drinking straws that add a little bit of personality and colour to any drink, whether you're celebrating or just looking to brighten up someone's day.

This money is not transferred from any existing funds—it is at this point that the Federal Reserve has created new high-powered money Commercial banks then decide how much money to keep in deposit with the Federal Reserve and how much to hold as physical currency.

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