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Real Fake Bridges

99% Invisible

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The Roots of Paper Money

This chapter explores the origins of paper money in 1000 A.D. Sichuan, China, highlighting the limitations of iron coins and the transformative impact of this new currency on trade and economy. It further examines the decline of paper money during the Ming dynasty and its later rediscovery in Europe, illustrating currency's profound influence on societal prosperity.

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