who invented money?

Answer 1

The first coins were minted in Lydia about 500 B.C. The first paper money was in China about 960 A.D.

Answer 2

Paper money NINTH CENTURY AD The Chinese invented paper money at the end of the eighth or beginning of the ninth century AD. Its original name was 'flying money' because it was so light and could blow out of one's hand. The first paper money was, strictly speaking, a draft rather than real money. A merchant could deposit his cash in the capital, receiving a paper certificate which he could then exchange for cash in the provinces. This private merchant enterprise was quickly taken over by the government in 812. The technique was then used for the forwarding of local taxes and revenues to the capital. Paper 'exchange certificates' were also in use. These were issued by government officials in the capital and were redeemable elsewhere in commodities such as salt and tea.

Answer 3

Coins were invented approximatly 700-600BC

Lydia (Turkey today), India and China all developed coinage then

Answer 4

The first written records of the use of money date from 1200BC, in the area of land now known as Southern Algeria, although then it was covered with water. Inscriptions in stones record that 'twelve shekels' were paid into the bank account belonging to Algar Hammurabi, in return for 'use of his daughter'. Twelve shekels in today's money would buy you hundreds of prostitutes, all better looking than Hammurabi's daughter, who was by all accounts rather dull.

But let us not get too carried away, because a monetary system existed long before Hammurabi's daughter was bought and sold. That was a system known as bartering.

Bartering
Bartering is the word we give to a system known as bartering. This involved exchanging goods rather than paying for them. Bartering was invented in Ancient Egypt around the time of Moses. It meant that, for instance, a bag of potatoes might be swapped for a tin of peaches, or a candle may be swapped for a brown shawl made out of potato sacking, or whatever it was they wore in those drab times. Legend has it that Marco Polo swapped his owls for a ship, without which he couldn't have circumnavigated right around the world, in 987AD.

Bartering is still alive and well today in the school playground — when you trade Pokémon cards for Smurfs or whatever crap you're into nowadays, you are bartering!

Coins

Algerian shekel (collection Jimmy Tarbuck)
What did a shekel look like? Well, some examples survive. They are large pieces of solid silver, about the size of a baby's kidney, inscribed with the face of the ruler of the time. They were worth about $700 (2 euros) each in today's money! When the Algerian Empire was overrun by Chinese around the time of Abraham, the coins became worthless.

However, the Chinese realised the enormous value of coinage but had no metal to make them, so instead they used reeds. One reed could be woven into an exquisite decorative coin, 2 inches in diameter (circumference). Now everyone in China became a billionaire, which lead to great economic prosperity, until the great reed disaster of 610BC. At this time goods were still manufactured but no-one could afford to buy them, until Emperor Xiang hit upon the idea of using rice. The Chinese word for rice — dulla — has become the familiar word 'pound' which is still used today.

Despite the Chinese, metal was the substance of choice for coin-making civilizations. The Nigerian Awaka people used coins made from strontium-190, until their race mysteriously disappeared around the time of Christ. When the Japanese invaded Africa they copied the idea, punching holes in their coins to ward off evil spirits. Not sure how that worked, but there you are.

Paper Money

The earliest banknote ever found.
Frustrated that they could not carry loose change in their togas, the Romans invented paper money around 1000AD. When Emperor Claudius ran out of money, he wrote IOU notes, promising that he would pay 100,000 lira (that's about 2 shillings) to his debtor. When Claudius fled to Spain around the time of Elija, he took the idea with him, and it was in Barcelona that the first true banknotes in the world were printed. To this day, Spanish notes carry the face of Claudius, who was known in those days as Miguel I.

So, that is how money was invented. Now get off to bed, or you'll get a smack

Answer 5

You're never going to believe this but it was invented by a Swiss inventer named Olaf Money. He hamed it after himself. He married a woman named Rebecca Tampon who also did some inventing on her own.

Answer 6

Al Gore

Answer 7

the first money, was coins which used from early history. mesopotians and Egyptians were probably first nations that used money.

Answer 8

Lybian traders

Answer 9

george washington my guess actally money was invent by chinese people a long time ago they started it got passed on.

Answer 10

Og the Great.