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Bookmark or Share- A Brief (and Fascinating) History of Money | BritannicaPaper money Given that paper is widely believed to have originated in China, it is fitting that that country introduced paper currency. This innovation is widely thought to have occurred during the reign (997–1022 CE) of Emperor Zhenzong. It was made from the bark of mulberry trees (so, in a sense, money really did grow on trees).
- The Invention Of Paper Money - NPRToday on The Indicator, Planet Money host Jacob Goldstein tells the story of paper money — why it was created, how it transformed China, and why it (temporarily) went away.
- The Invention of Paper Money - ThoughtCoUpdated on October 17, 2019. Paper money is an invention of the Song Dynasty in China in the 11th century CE, nearly 20 centuries after the earliest known use of metal coins. While paper money was certainly easier to carry in large amounts, using paper money had its risks: counterfeiting and inflation.
- Banknote - WikipediaA banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand.
- The Value of Paper Money Around the World - Currency Notes ...Paper bills, or “fiat” money, also have no intrinsic value; their worth is determined solely through supply and demand, and they are declared legal tender by government decree. The most important element that separates one national currency from another is its value.
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