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It was still used as money until World War II. Like salt, which is also often traded in brick form, tea also became an imperial monopoly, It has long remained as a currency between China and Tibet. Sulaimān at-Tājir became a famous 9th-century Muslim merchant and author originally from Siraf in modern-day Iran.
June 9, 2024. COMMENT: Mr. Armstrong, you were right again, or your computer was, that the June elections would be a major upset. The far right has gained in France, Germany, and... Politics. 01.
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2024年6月5日 · The Theory of Non-Linear Intervention. May 28, 2024. Economics is well known for rather unrealistic theories based upon fundamentally unsound principles, such as the assumption that all things remain equal.
Monetary History of the World. © Martin A. Armstrong. In the year 296 AD, a serious revolt broke out in Upper Egypt, under the leadership of Achilleus. Simultaneously, another revolt broke out in Lower Egypt,
Banking emerged in virtually every city of the ancient world. In Athens, as in most cities, banking had been conducted exclusively on a cash basis. The first offshore banking industry seems to have emered in the tiny and remote island of Delos. Here the islanders had little natural resources.
His history teacher in high school brought in a black & white movie, The Toast of New York, staring with Edward Arnold and Cary Grant, which portrayed the gold manipulation of Jim Fisk that resulted in the Panic of 1869.
