Friday, November 2, 2007

A History of the Loonie, in Eight Pieces

All sorts of objects were used as currency by primitive economies. Beads, eggs, feathers, ivory, oxen, pigs, rice, salt, and vodka have each been used as money in one place or another. One of the first items to circulate internationally was the cowrie shell, which flowed from the Maldive Islands to wide circulation in West Africa, and to ports as far away as Europe and China...

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