The History of Money

"The Great History of Money" mainly takes the changing process of metal currencies and monetary standards in Europe and America from 1252 to 1896 as the main line. By citing a large number of official records, diaries, letters and classics, it tells the main impact of changes in metal currencies and standards on business and national development in Europe and America, and reveals the nature of metal currencies and the deep-seated reasons for the transformation of bimetallism into monometallism. The book describes in detail the changing process of monetary policies in Florence, Venice, France, England, Germany, the Netherlands, Spain, Portugal, the United States, British India and other countries and regions. Why did gold coins first appear in Florence, Italy? How did bimetallism come about? Why does bimetallism form an arbitrage mechanism for precious metals? Why did bimetallism cause crises in England, Germany and other countries, while Spain was not affected by bimetallism at all? Why is bimetallism theory wrong? After the Netherlands became the European currency exchange center, what impact did it have on trade and commerce? What kind of devaluation process did France's metallic currency undergo? What impact did the import of American precious metals into Europe have on European countries? Why does bimetallism transform into monometallism? With many small states having their own different currency systems, what processes did Germany go through to finally form a unified currency system? Why does the United States advocate the establishment of a silver standard? Why did the British Indian government switch from fiscal surplus to fiscal deficit when revenue remained unchanged? This book will answer it in detail.