Naut's Tidbits & Snippets: And in China: an 1100-Year-Old Solution...

Thursday, April 2, 2009

And in China: an 1100-Year-Old Solution...

Paper money originated in China in the year 910 and amazed Marco Polo when he visited three centuries later. He also noted that the emperor, Kublai Khan, seemed to be printing and awful lot of notes, which ultimately wrecked the economy. Due to skyrocketing inflation caused by churning out so much... Sign in to see full entry.

posted by Nautikos at 1:06 PM | add or view comments (16) | link to this | view only this entry
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Curiosities and other things I come across in my reading but can't spend much time on. Sometimes scientific, sometimes not, with sources wherever possible.

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