Money was not hence invented by a stroke of genius but stemmed from a need and its evolution reflects at each time the willingness of man to harmonize its monetary instrument to the reality of its economy. The evolution of money illuminates this fascinating reality focusing on the tension between currencys real and abstract properties and advancing a vital theory of money rooted in this dual exchange it begins with the debt tablets of mesopotamia and follows with the development of coin money in ancient greece and rome gold backed currencies . Another step in the evolution of money was the change from a coin being a unit of weight to being a unit of value a distinction could be made between its commodity value and its specie value the difference in these values is seigniorage. The evolution of money david orrell roman chlupat on amazoncom free shipping on qualifying offers the sharing economys unique customer to company exchange is possible because of the way in which money has evolved these transactions have not always been as fluid as they are today. Some of the major stages through which money has evolved are as follows i commodity money ii metallic money iii paper money iv credit money v plastic money money has evolved through different stages according to the time place and circumstances in the earliest period of human
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