The Ascent of Money.

in #money7 years ago

Money is power.
Nobody knew this better than the kings of the ancient world. That’s why they gave themselves an absolute monopoly on minting moolah.
They turned shiny metal into coins, paid their soldiers and their soldiers bought things at local stores. The king then sent their soldiers to the merchants with a simple message:
“Pay your taxes in this coin or we’ll kill you.”

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