Why is a $5 note worth $5? Where do coins come from? What do banks actually do? All this and so much more is answered in A Quick History of Money, a crash course from cash cows to cryptocurrency.
Money might sound all grown-up and serious, but the history of buying, selling, saving, and stealing is full of crazy stories and unbelievable facts. A Quick History of Money is here to show you the silly side, as well as give you the lowdown on the important stuff like interest, stocks and shares, and wealth inequality.
Find out how the earliest societies got by without a penny in their pockets; why gold gets all the glory; the craziest money-making cons of all time, from shaving coins to selling the Eiffel Tower… twice; what money might look like in the future and great tips for slick saving and smart spending.
Plus, read about the world’s weirdest wonga, from the four-tonne stones used as currency on the island of Yap, to teacups and sea shells in ancient Asia, to beaver pelts in colonial Canada. Learn how hyperinflation leads to some mind-blowing money math, like the Bitcoins used to buy two pizzas in 2010 that would be worth over $90 million today. Test your knowhow with a quiz at the back of the book.
Check out the other titles in the Quick History series too: The Universe, Politics and Maths too.