Who thought of the idea of money?

Question

Did this person just create his or hers wealth?

This person would of surely wanted to gain superiority and control the social value of everyone in the human race and put his or herself at the top of it.

Does anyone know who thought of the idea of money?

Was it simply created by one person who had a selfish agenda and seeked supriority?

Answer 1

I don't think one person thought of it.  It is human nature.  How else could we barter efficiently.  We got tired of just exchanging goods, we simplified it and used money.

Answer 2

The Chinese.

They tend to come up with the best ideas.

Answer 3

Money is just an IOU. Once upon a time there was no guarantee reserve so coins were minted out of gold. Now they are paper and plastic or just data.

The first real coin is supposed to be from Lydia (now Turkey) minted in 600BC. This is taking the definition of coin to mean deliberately minted as something having exchange value of its own, rather than a simple token.

Answer 4

Before money, people used to barter goods.  Money was created as a standard "currency" for people to purchase goods or services.

Answer 5

It was first used in ancient China. I don't know if the inventor is known or not, but I doubt that he is. An emperor probably took credit for anything his subjects invented, but money must be issued by a government or official of some sort, so that all people in his realm use it.

Answer 6

The money by itself is useless. Think about this, what would you prefer if you are stranded in an island a bag of fruits like watermelons, coconuts, grapes, eggs, and other food stuff,  a fishnet, a spear to fish and other useful things OR a bag with $10 million dollars in $100 bills?

The idea of money came when society was becoming more and more complex and trade or exchange became more and more difficult because I would need more things that you would have or I could carry and stuff. Well, the very ancient government came up with the idea of

introducing a third object that all society agreed that would put a numerical value to stuff and was given by the government. That object became known as money and for the purpose of being it easy to carry, it was done a small object that could withstand the weather, trade, interchange of hands, etc like a metal and we then came to using gold and silver coins.

As everything have now value in respect to all others, money became very much importance but is important because WE and SOCIETY and the GOVERNMENT says is important and WE BELIEVE is important.

There are times that money loses that importance and society not longer believes in that object and money loses its value.It had happened before and it will happen again.Those times are called hyperinflationary times.It happened for example in World War II Germany during and after the war where people literary burned paper money for heating because it was cheaper than burning wood.

That my friend is the history of money.

Answer 7

8 The guy who had more of something others wanted. Currency is whatever can be agreed on as desirable by enough of a group to form a majority. Perspective on money depends on who's got a lot of what.

Answer 8

I did about 5,000 years ago I wanted the scribes to put my cartouch on the surface and as the architect I had good reason to expect it but because Pharoh got upset they refused I then bribed them embalming

passes and top it off with malochite gemstone.