Money Manipulation, 4500-year-old history he went through

We go back 4,500 years in time and we find that silver bars have been found where the first money in the world is considered.

They entered Mesopotamia. It is believed that they would ease trade progress.

The origin of money is hidden in a distance, but money is first mentioned in Mesopotamia (now: Iraq).

According to ancient cuneiform tablets, pure silver was the first standardized payment. The metals were formed as bars that were interrupted and weighed when a business was ready to be implemented.

Everything shows that silver has been introduced for mere practical reasons. Trade was widespread in Mesopotamia, and natural objects were often heavy, so it was much easier to obtain silver rods smaller than milk or cereals.

According to historians, cuneiform tablets were invented for easier accounting of the growing number of commercial transactions.

For thousands of years China has used gold and silver and even copper money, which was in circulation in addition to the well - known coins called “cowrie”.

Even in those distant times, a very elementary process of molding was in fashion; and coins were known as round money, money in the form of a bell, and money in the shape of a knife.

During earlier periods of Chinese history, coins were essentially the only medium of exchange.

The coins were perfect money for the Chinese people. They were light, stable, numbered, light and impossible to counterfeit. Some 3,500 years ago, the Chinese started using small coins as money.

The spread of the coin is currently unclear, but maybe it was very widespread. The Chinese writing system developed the use of a coin symbol as a symbol for money. Similarly, the coin was included in letters, including terms such as “bj”, “ses” and “recomples”.

However, the Chinese were not alone in paying coins. They were also used by people living as far as the Indian Ocean. Similarly, both our daily currency and the ancient coins may suffer inflation.

As a result of inflation, there were more than 1,000 ancient coins to buy a woman... in 1860.

The metal coins were known in ancient Egypt, but they were used almost exclusively by wealthy merchants who engaged in foreign partners.

The most common among ordinary people was grain.

A monthly salary of about 200kg of it has been used in the exchange trade to get other goods.

Bank customers received a bill for deposits and their loans, they can also receive or pay in other grain banks. The agreements were also used as a fee in trade.

To prevent fraud at local bank branches, the central bank in Alexandria had copies of all service accounts.

Once upon a time, there was a kingdom for the Age of Iron in Asia Minor, known as the Kingdom of Lydia.

Lydia became one of the richest kingdoms of antiquity when she replaced metal piles with beautiful coins.

Lydian money was called “adam of the coins” because they inspired later periods of coins in Europe and the Middle East.

About all the coins in use today are the” seed of what the Lydians started. (Portalli, “currency nature”)

The kingdom of Lydia was no greater than a city country, but the seemingly insignificant kingdom left behind a legacy that would change history - the coins.

In order to eliminate the huge difficulties of unstandard money, banks and silversmiths began converting metal into standard coins. The coins of the same kind were shaped, weighed, and purified.

By the year 640 BC, Lydian kings were the first to hit standard weight coins and standard size. And they marked them with their stamps to ensure the authenticity of metal.

Coins revolutionized trade because Lydian merchants no longer needed to spend their precious time weighing pieces of silver and gold or exploring metal purity. /Periscopi/