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A brief history of money.
- Source :
- IEEE Spectrum; Jun2012, Vol. 49 Issue 6, p44-79, 0p
- Publication Year :
- 2012
-
Abstract
- In the 13th century, the Chinese emperor Kublai Khan embarked on a bold experiment. China at the time was divided into different regions, many of which issued their own coins, discouraging trade within the empire. So Kublai Khan decreed that henceforth money would take the form of paper. [ABSTRACT FROM PUBLISHER]
- Subjects :
- COINS
MONEY
PAPER money
BANKING industry
Subjects
Details
- Language :
- English
- ISSN :
- 00189235
- Volume :
- 49
- Issue :
- 6
- Database :
- Complementary Index
- Journal :
- IEEE Spectrum
- Publication Type :
- Periodical
- Accession number :
- 97987616
- Full Text :
- https://doi.org/10.1109/MSPEC.2012.6203967