Who is Invented Money?

Posted by Study About Money, Trading and Investing on

Monday, 2 July 2018

Who is  Invented Money?

There is an ancient story in a far away country. This is the story of someone who will then master the entire economy. He argued that if I could manage the money then I would take control of all human confrontations. I will live prosperously and will continue to prosper even to my future offspring.

The story begins with a man named Fabian, a goldsmith whose work makes some products like jewelry and other items of gold. One time he thinks why people are still bartering to get what they want or need, a farmer who produces rice to exchange him with a production chair from a woodworking craftsman, and so on, they exchange goods as a form in the future we call TRADE.

One day Fabian thought it would not be fair if later we had a tool as a container or facility of the exchange, because Fabian saw that a cow is not worth it if swapped with a sack of corn. Likewise with other items, Fabian thinks it is not fair. We need a solution.

So Fabian began to think day and night and finally he had an idea. Why did not I make something, a facility used as a legal means of payment in the trade. And start we know the money until now. Fabian began to invite and negotiate with the government officials on this idea and he finally became the first person to create money as a means of payment of gold. A goldsmith who made the first money and he began to make an official announcement to all the citizens in his place about the idea of ​​money. People began to see it as a very good idea, and Fabian is now beginning to be respected and respected by its citizens.

Fabian began making his first, second, third and so on. Every day Fabian continues to make money until finally the money amounted to 10,000 pieces and then began circulated to the traders, but Fabian think to distribute it by lending it as a form of Fabian's hard work in every day to make gold money. Then the fish, vegetables, and other traders began to queue up to the Fabian goldsmith. As it was said that Fabian would lend his 10 gold coins and the merchants who borrowed had to return 11 pieces, 1 piece as Fabian's hard work. This business also in the future we know as BANK.

Fabian is one example of a fairy tale of ancient times where we can now find Fabian everywhere, or in any BANK. This is the beginning of a money system that in the future we will know who will remain the god of money ruler.

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