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Why Did The Song Dynasty Create Paper Money?

January 24, 2024 by Ahmed Ali

Why Did The Song Dynasty Create Paper Money? The use of paper currency was initiated by merchants. To avoid having to carry thousands of strings of coins long distances, merchants in late Tang times (c. 900 CE) started trading receipts from deposit shops where they had left money or goods. Did the Song Dynasty invent

During Which Chinese Dynasty Did Paper Money Begin?

January 24, 2024 by Emily Lee

During Which Chinese Dynasty Did Paper Money Begin? The origins of paper money lie in the ‘flying cash’ of Tang dynasty China (early ninth century AD). This was a perfect name for the certificates that were issued as part of a long distance remittance system. Tang dynasty China was a golden age, and a period