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A Quick History of Money

From Bartering to Bitcoin

ebook
1 of 1 copy available
1 of 1 copy available
Why is a $5 note worth $5? Where do coins come from? What do banks actually do? All this and so much more is answered in A Quick History of Money, a crash course from cash cows to cryptocurrency.

Money might sound all grown-up and serious, but the history of buying, selling, saving, and stealing is full of crazy stories and unbelievable facts. A Quick History of Money is here to show you the silly side, as well as give you the lowdown on the important stuff like interest, stocks and shares, and wealth inequality.

You will discover:
  • How the earliest societies got by without a penny in their pockets.
  • Why gold gets all the glory.
  • How the first banks started making money from money.
  • Who invented the first banknotes and the concept of 'fiat' money.
  • The craziest money-making cons of all time, from shaving coins to selling the Eiffel Tower... twice.
  • How wealth is measured in the modern-day.
  • History's most expensive money mistakes.
  • What money might look like in the future.
  • Great tips for slick saving and smart spending.
  • Plus, read about the world's weirdest wonga, from the four-tonne stones used as currency on the island of Yap, to teacups and sea shells in ancient Asia, to beaver pelts in colonial Canada. Learn how hyperinflation leads to some mind-blowing money math, like the Bitcoins used to buy two pizzas in 2010 that would be worth over $90 million today. Test your knowhow with a quiz at the back of the book.

    Packed with facts and jokes, the latest in the Quick Histories series takes us on a chronological tour from cashless societies to... cashless societies, proving that while it might make the world go round, money sure is funny.
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      • Booklist

        July 1, 2021
        Grades 4-7 The Quick Histories series (2 new titles) is a bit of a misnomer as its volumes don't skimp on the facts, but rather give a comprehensive overview of important social studies topics. Using a light tone and comic illustrations (often with sight gags and silly banter), the texts introduce the topics in roughly chronological order, include examples from diverse cultures, and highlight important words, phrases, and concepts. A Quick History of Money looks at early bartering, coins, and cash around the world and the development of debt, loans, interest, banks, and the stock market. Later sections describe more modern issues, such as electronic banking, microbanks, cryptocurrency, wealth inequities, and global financial crises. Throughout the series, the author balances necessary background information with fun and timely facts. Each book concludes with a lengthy, illustrated time line as well as a quiz, glossary, and related resources. A solid choice for a thorough presentation of common social studies subjects or, yes, a quick peek at individual concepts.

        COPYRIGHT(2021) Booklist, ALL RIGHTS RESERVED.

    Formats

    • Kindle Book
    • OverDrive Read
    • EPUB ebook

    Languages

    • English

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