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FAQ

nov 19, 1100 - Flying Money

Description:

Flying money were credit vouchers that were given to merchants in exchange for their goods. The merchants were then able to be reimbursed using the vouchers in the city they were traveling to. Flying money was important because it greatly reduced the risk of robbery and was the first form of paper money.

Added to timeline:

12 Dec 2017
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Date:

nov 19, 1100
Now
~ 925 years ago

Images: