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These records show that the monetary system as early as the 1700 BC period was based upon weighed amounts of silver in that region of the world suggesting that a metallic monetary system is perhaps at least 4,500 years old.
Mesopotamia. These records show that the monetary system as early as the 1700 BC period was based upon weighed amounts of silver in that region of the world suggesting that a metallic monetary system is perhaps at least 4,500 years old. Indeed sought to ...
1680-1734. Richard Cantillon was an Irish international banker. Thanks to the financial backing of Brydges and Decker, Cantillon became an established banker. He was a man of great intellect, was well traveled, and spoke several languages. He knew people such as Montesquieu and Voltaire.
By Martin A. Armstrong. Only since about 700 B.C. do we find a consistent record of the monetary system of the world. The credit for the creation of an official coinage system belongs to the Ionians or Lydians within the Greek Empire of Asia Minor – modern day Turkey. Although the merchants of the day were affixing their own seal of value to ...
Wood advanced from $4 a cartload to $250 while a pound of soap jumped from 18 cents to $8. Eggs, which had cost 24 cents a dozen in 1790, soared to $5. Interest rates in France skyrocketed. The 5% rentes of the government fell in price driving the effective yield on government debt to 40% on average.
Monetary History of the World 700-550BC by Martin A. Armstrong Electrum Stater of Asia Minor circa 650 BC Only since about 700 B.C. do we find a consistent record of the monetary system of the world. The credit for the creation of an official coinage system
1702-1714. Anne was the second daughter of James II, by his first wife, Anne Hyde, was born in 1664; was married to Prince George of Denmark in 1683; and succeeded to the crown on the death of William III, 1702. Her reign is marked by the great war of the Spanish Succession and the achievements of Marlborough, the accomplishment of the ...
