Making money is an ancient art. Even before money was invented back in the 1500's when banking was invented, people traded in value. So money essentially is a numerical representation of value. Before banking was invented, money was owned and controlled by the monarch. The royal mint produced coin made of gold which was weighed and equal in value to the gold it was made of. However, over hundreds of years, the people realized that this gold can be filed and shaved off.
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