A brief history of money
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JUNE 6, 2021
The first non-Chinese ‘pre-coins’ (ingots) appeared in Asia Minor before 2000 BCE. Also, if a state’s money was a useful commodity (precious metal) – the state would be on a constant quest for precious metal – a waste of energy and resources. The ingots got smaller, got stamped, got rounder etc. 700 BCE – c. 600 CE: The Axial Age.
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