FIRST PAPER MONEY - CREATED 1000 YEARS AGO #shortsfeed #shorts #youtubeshorts #didyouknow #facts

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Paper money originated in ancient China during the Tang Dynasty (618-907 AD) as a solution to the cumbersome nature of carrying metal coins for large transactions. Initially used by merchants, the practice became formalized during the Song Dynasty (960-1279 AD) when the government began issuing official paper notes backed by metal reserves. This innovation significantly streamlined trade and financial transactions, laying the groundwork for modern currency systems and influencing economic practices globally. 🌏💵
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