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About The Book
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However through centuries money has evolved into different forms to become the one that you carry in your wallet today. But what makes currency one of the biggest driving forces in our lives? To know this let us first take a sneak-peek into the introduction of this legal tender to the world. When people discovered that they didn’t have something they desired and someone else had it they invented the ‘medium of exchange.’ For example a farmer may have sacks of grains but not a pair of shoes. On the other hand the shoe seller may have stacks of shoes but no food to eat. So the farmer may exchange a portion of his yield for a pair of shoes that could protect his feet from withering while in the fields. Whereas the shoe seller could use that produce to provide for his family. This created a more unified way or universal method of transfer of goods products or services which was the ideal successor of the barter system. The system involved the transfer of products or services between two or multiple entities where one purchased a product from another by giving an equivalent amount of a different product that the seller lacked. This barter system evolved as the most ancient system of trading since the start and subsequent evolution of civilizations.