Is the Work of a Goldsmith the Reason For Our Current Depression?
Although the Chinese were the first to issue and use paper money known as the ‘flying money’ in 619-907 AD, it was soon taken over by the Song dynasty in 1024 as result of fraud. Around that same time the ‘money changers’ became a prevalent scene in medieval England. They became so prevalent that they could actually control and manipulate the entire English economy.
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