Wednesday, January 7, 2009

Anna Engbring Research 1/7/09

Currency throughout history, throughout various cultures is characterized by one of two things, ease in storage and actual value attached to the certain object used. The idea of currency conjour thoughts as generic as Mr. Washington's mug opposite the all seeing eye to romanticised images of shells donning the tan neck of a scantily clad body.
With Alexander the Great's control of the Persian Empire Greeks were provided with a large amount of gold and silver. They were able to use this metal to mint coins. Upon the Great's insistence the exchange rate was exactly 10:1; civilians confident in using this form of currency. Coins were convenient and for the Roman emperors also a form of propaganda.
Thanks to Gutenberg and the invention of the printing press; initially invented to mint better coins paper money was produced in addition to the lesser valued coin.

1 comment:

  1. Nice Job- Ease of storage and actual value- How are you going work those aspects in your currency?

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