Despite ancient Egyptians using gold in most of their adornments, their medium of exchange was barley.
Gold coins were introduced by the people of Lydia (now western Turkey) in around 625 BC.
The Bible contains some 500 verses on prayer, less than 500 verses on faith, but money and possessions are mentioned 2,085 times.
The original Chinese character for money is based on Snail Shells which were once used as currency.
In 1318 the Italian Lombard family were granted land in what is now Lombard Street, London trading as goldsmiths. They would have been familiar with the Italian terms lire, soldi and denaro, from which we got £ s d (pounds, shillings and pence).
American Puritans placed common welfare ahead of self-interest and set modest caps on profit-making. Unemployment was virtually nonexistent in New England. A visitor from abroad testified, "In seven years I never saw a beggar."
The mill, equal to one-tenth of a cent, was declared the lowest money of account by the US Congress in 1786. The mill, as a coin, was never minted.
Until the nineteenth century, solid blocks of tea were used as money in Siberia.
On July 17, 1861 the US Congress authorized the use of paper money.
The largest movement of physical wealth in history was during World War II. Operation Fish had 186,332 gold bars and more than 8 million ounces of gold coins sent to Canada from the UK with not even one crate or treasury bill going missing.
After World War II, the Hungarian pengő suffered the highest rate of hyperinflation ever recorded. There were several attempts to break down inflation, such as a 75% capital levy in December 1945. However, this did not stop the hyperinflation, and prices continued spiraling out of control, with ever-higher denominations introduced. The Milliard Hungarian Pengo was issued in 1946, and holds the title of “largest numerical bill ever circulated” with a face value of 1,000,000,000,000,000,000,000.
Money isn't made of paper, it's made of linen.
It costs about 3 cents to make a $1 bill in the United States.
Traces of cocaine were found on 99% of UK bank notes in a survey in London in 2000.
For $45, the U.S. Bureau of Engraving and Printing will sell you a 5-pound bag with $10,000 worth of shredded U.S. currency.
Only 8% of the world's money exists as physical cash. The rest exists only in electronic accounts worldwide.
More Monopoly money is printed in a year than real money printed throughout the world.
After the filming of Rush Hour 2 during 2000, the prop money was so accurate that movie extras tried to pass it off as real on the Strip. The Secret Service then had to confiscate $100 Million worth of prop money and accused the prop money manufacturer - Independent Studio Services - of counterfeiting.
Monkeys can learn to use money. Capuchins that were taught to exchange silver discs for treats began budgeting for foods they liked, buying more of something when the price dropped, and started gambling.
Here is a list of songs about money.
Source Christianity.com
Gold coins were introduced by the people of Lydia (now western Turkey) in around 625 BC.
The Bible contains some 500 verses on prayer, less than 500 verses on faith, but money and possessions are mentioned 2,085 times.
The original Chinese character for money is based on Snail Shells which were once used as currency.
In 1318 the Italian Lombard family were granted land in what is now Lombard Street, London trading as goldsmiths. They would have been familiar with the Italian terms lire, soldi and denaro, from which we got £ s d (pounds, shillings and pence).
American Puritans placed common welfare ahead of self-interest and set modest caps on profit-making. Unemployment was virtually nonexistent in New England. A visitor from abroad testified, "In seven years I never saw a beggar."
The mill, equal to one-tenth of a cent, was declared the lowest money of account by the US Congress in 1786. The mill, as a coin, was never minted.
Until the nineteenth century, solid blocks of tea were used as money in Siberia.
On July 17, 1861 the US Congress authorized the use of paper money.
The largest movement of physical wealth in history was during World War II. Operation Fish had 186,332 gold bars and more than 8 million ounces of gold coins sent to Canada from the UK with not even one crate or treasury bill going missing.
After World War II, the Hungarian pengő suffered the highest rate of hyperinflation ever recorded. There were several attempts to break down inflation, such as a 75% capital levy in December 1945. However, this did not stop the hyperinflation, and prices continued spiraling out of control, with ever-higher denominations introduced. The Milliard Hungarian Pengo was issued in 1946, and holds the title of “largest numerical bill ever circulated” with a face value of 1,000,000,000,000,000,000,000.
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| Sweeping inflation banknotes in Hingary in 1946 |
Money isn't made of paper, it's made of linen.
It costs about 3 cents to make a $1 bill in the United States.
Traces of cocaine were found on 99% of UK bank notes in a survey in London in 2000.
For $45, the U.S. Bureau of Engraving and Printing will sell you a 5-pound bag with $10,000 worth of shredded U.S. currency.
Only 8% of the world's money exists as physical cash. The rest exists only in electronic accounts worldwide.
More Monopoly money is printed in a year than real money printed throughout the world.
After the filming of Rush Hour 2 during 2000, the prop money was so accurate that movie extras tried to pass it off as real on the Strip. The Secret Service then had to confiscate $100 Million worth of prop money and accused the prop money manufacturer - Independent Studio Services - of counterfeiting.
Monkeys can learn to use money. Capuchins that were taught to exchange silver discs for treats began budgeting for foods they liked, buying more of something when the price dropped, and started gambling.
Here is a list of songs about money.
Source Christianity.com
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