99% Invisible cover image

Real Fake Bridges

99% Invisible

CHAPTER

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.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner