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1000 Cash, Kina, 1375

Is money an illusion?

Coins were made of precious metal for a long time. But the money itself is worthless nowadays. You can use it to trade because others accept it. Everything is based on trusting the people who issued the money. But there was “worthless” money in China as early as the 13th century. The money had a value because their leader said it should. This is more or less how money works today.

Image rights: , Ekonomiska museet - Kungliga myntkabinettet/SHM (PDM)

Object number: 3101949