How Currency Works
A Word About Money
Many of the words we associate with money today come from ancient uses of currency wow gold po. Examining where these words came from helps us understand how currency systems developed.
Buck - Early settlers in North America relied heavily on the skin of the deer for trade. At one point Acheter Des PO, Roman soldiers were paid part of their wages in salt. The Latin word salarium means "of salt."Dollar - A count in a Czechoslovakian town called Jachymov started minting silver coins in 1519. The coins were known as talergroschen, which was eventually shortened to talers. They spread throughout Europe, and today, many nations have currency named for some variation of the word taler, including the American "dollar wow po."
"The complex mechanisms of the modern world depend as certainly on the faith in money as the structures of the medieval world depended upon faith in God wow gold."
- Lewis H gw2 gold. Or, as Nobel Prize-winning economist Milton Friedman puts it, "the pieces of green paper have value because everybody thinks they have value."
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