6139008-History-of-Money

c. 406 – 405: Athens issues bronze coins with a silver coating The Athenian public hoards silver coins which, as a result,quickly disappear from circulation, leaving only the inferior bronze ones.c. 400-300s: The earliest Chinese coins are small bronze hoes and knives, copies of the tools that previously had beenused for barter. The knife coins (Tao) were about six inches (15 centimeters) long and some bore inscriptions naming theissuer and giving the value. Hoe coins bore similar inscriptions.c. 390: The Gauls attack Rome The cackling of geese in the capitol, where the city's reserves of money are kept, alertsthe defenders. The grateful Romans build a shrine to Moneta, the goddess of warning, and from Moneta the words moneyand mint are derived.c. 330 – 323: Empire of the Ptolemies in Egypt. For long before Egypt came under Greek control grain had been used as aform of money in addition to precious metals, and state granaries functioned as banks. The Ptolemies transform the localwarehouse deposit system into a fully integrated giro system with a central bank in Alexandria. Payments are made bytransfer from one account to another without moneychanging hands.c. 221 : China; Round money with a hole in the center was issued about the mid-3rd century, but it was not until 221 BCthat the reforming emperor Shih huang-ti (221-210/209 BC) superseded all other currencies by the issue of round coins(pan-liang) of half an ounce.c. 200: Delos becomes a prominent banking centre Delos, a barren Greek island, capitalises on its magnificent harbourand famous temple of Apollo to become a financial centre. Its rise is aided by the defeat of Carthage, one of its mainrivals, by the Romans. Transactions are carried out by giro or credit transfer.c. 118: Leather money issued in China This consists of pieces of white deerskin, about one foot square, with a value of40,000 cash. (The cash was the name of a base metal coin).30 BC - 14 ACE: Reign of Augustus Caesar who reforms the Roman monetary and taxation systems issuing new, almostpure gold and silver coins, and new brass and copper ones, also introduces three new taxes: a general sales tax, a landtax, and a flat-rate poll tax. The Greek bankers or trapezitai derived their name from their tables just as the English wordbank comes from the Italian banca for bench or counter.Well, the ancient Pharisees (the priest-bankers-usurers who worked from the Temple in Jerusalem) who mislead ordinaryJews, Babylonians, Romans and Greeks had similar banking activities. At that time, the sacred temples, whether Jewish orPagan Sun-god, were the most popular place of banking operations but did not monopolize it totally. The financialactivities like accepting deposits giving loans, checking and exchanging money and making remittances between differentcities, to minimize the risk of carrying money were being carried out during 4th Century B.C. The Romans served theirapprenticeship in the art of banking under the Greeks and altogether changed the banking procedure in most of theancient World along with the expansion of their influence. The earliest evidence of banking is found in Mesopotamiabetween 3000 and 2000 B.C. when temples were used to store grain and other valuables used in trade. Babylon iscredited with the birth of banking and finance at a level of sophistication that rivals our own, with the exception of thetiming advantages that modern communication has allowed. "In the centuries since the era of the Mesopotamian andGreek financiers, the financial World has become increasingly complex, but the fundamental principles and tools theydiscovered several millennia ago have remained the root of all investment contracts." (The Ancient Financial WorldFinancing Civilization by William N. Goetzmann History of Interest). The first evidence of interest is linked to the city ofUruk and is probably tied to the development of writing. Most of the written records from this period are contracts andfinancial records. The word for interest in the Sumerian language (also ancient Greek) was the same as the word for calfand explains how the concept was "born". If a herd of cattle was lent to someone for a year, there was an expectationthat there would be more cattle when the year had ended. It was understood that the surplus cattle should be sharedbetween the owner and the person who had taken care of the herd during the time period. Our knowledge of theregulation of interest rates dates back to 1800 BC, when Hammurabi established the maximum rates or ceilings that couldbe charged for in-kind exchanges of grain (33 1/3% per annum), silver (20%), and other commodities. The penalty forcharging more than the legal rate was cancellation of the debt. It's reasonable to conclude that a practice does in factexist before there's a need to regulate it, so the charging of interest likely predates Hammurabi's Code, sparking thecenturies-long debate on lending and the charging of interest.Ancient Rome “Usury Capital of World” along with Babylon (Bank Of Rome established in 47 AC)Since Ancient Roman and Babylonian times usury – the lending of wealth at interest – has been one of the main causes ofwar and empire building. Nations such as Persia and Rome became great due to their massive debts incurred byborrowing money from wealthy nations. Later, unable to return the wealth, but rich and with great armies funded by thisborrowed wealth, they soon realised a need to conquer these lending nations in order to nullify their debts. This was alsothe reason for the introduction of taxes, a global system which is in use right up to today. Today, most of the taxes go topay the interest to the privately owned central banks whose owners created money out of nothing to lend to thegovernments. The money-changing scam did not originate in Yeshua-Joshua' day although Yeshua-Joshua’ altercationwith the Temple money-changers is the most famous single event (described in the next section). Two hundred yearsbefore Yeshua-Joshua, Rome was having trouble with its Money Changers. Two early Roman emperors had tried todiminish the power of the Money Changers by reforming usury laws and limiting land ownership to 500 acres. Both wereassassinated. In 48 BC, Julius Caesar took back from the Money Changers the power to coin money and thenminted coins for the benefit of all. With this new, plentiful supply of money, he built great public works. By makingmoney plentiful, Caesar won the love of the common people. But the Money Changers hated him. Some believe this wasan important factor in Caesar's assassination. One thing is for sure: with the death of Caesar came the demise of plentifulmoney in Rome. Taxes increased, as did corruption. Eventually the Roman money supply was reduced by 90 per cent. Asa result, the common people lost their lands and homes-just as has happened and will happen again in America to the fewwho still own their own land and homes.The Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 201