Naut's Tidbits & Snippets: And in China: Finally an Answer to the Money Problems…

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Wednesday, November 18, 2009

And in China: Finally an Answer to the Money Problems…

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 an 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.

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