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0 sats \ 0 replies \ @Shugard 29 Dec 2024 \ on: The First (Nearly) Paper Money: From Coin Clutter to Paper Prowess In China econ
...and was abandoned in favor of silver, which became the standard until modern times.
They all tried to buy the Spanish, Portogues and British silver. Most people think that the Spanish brought the metals from South America to Europe, but in fact they shipped it to China to trade for goods.
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