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Blog iconChristopher Jordan
Mar 13

History of money

Before the money appeared, barter was popular. The goods were exchanged. For example, a person has a basket and another has a piece of cloth, they make an exchange which is good for both of them. But such exchange has its limits. What to do if a person who wants to exchange his piece of cloth doesn’t need a basket? It means that a seller doesn’t have the same needs as the buyer and vice versa. In such a situation, people needed the unique currency, and they invented it. The metal coins appear...

Christopher Jordan

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Christopher Jordan

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