There’s a saying that “money makes the world go round” well, it’s true because money is valuable and you can use it in exchange for goods and services all throughout the world. But why do we have a controlled supply of money? Why can’t the government print money and hand it out … Read more
We can find quite a few reasons for the roundness of coins–these relate to different time periods, but interestingly there are actually several examples of square-shaped coins. However, the round coin is definitely more common no matter what country and history we’re talking about. The most obvious reason for coins being round … Read more
The Answer: Paper currency originated in China during the rule of the Tang Dynasty (618 A.D. – 907 A.D.). It came from the need to have a way to transport large sums of money without hauling hundreds of pounds of precious metals long distances. Such convoys would attract the attention of bandits … Read more