The Y in History

Episode 42: History of Money


Listen Later

The first bank bailout in history, happened in Rome in 33 A.D. The first medium of exchange was the barter system and this was replaced by Commodity Money. Coins were first minted in Lydia (modern day Turkey) and Chinese were the first to make paper money.

Money continued to evolve and the latest disruption has been digital currency, aka Bitcoin.

...more
View all episodesView all episodes
Download on the App Store

The Y in HistoryBy Ajay Kaul

  • 5
  • 5
  • 5
  • 5
  • 5

5

4 ratings


More shows like The Y in History

View all
Short History Of... by NOISER

Short History Of...

2,603 Listeners