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Social Stud Reacts | The History of Paper Money - Not Just Noodles - Extra History - #2

Brady Douglass 4 views

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Comment from : @BradyDouglass

Modern RMB (Chinese currency) coins do not have holes, but you can buy things that look like old coins because they have a huge cultural significance and so things that use "money" for good luck and cultural pride are often the very old style
Comment from : @saber1epee0

(11:50) reminds me of how they say that most money in America today is "created" by 'bankers writing loans for employers'brbr(12:55) Yeah; if you'll look at some of the writing on paper-money (at least in America), it's actually labeled as a "PROMISSORY NOTE," hearkening-back to the days when you could actually trade-in paper-money for an officially-calculated amount of gold (a time before I was born we 'fell-off of the Gold-Standard and -into the Fiat' in 1971)
Comment from : @UncleJayHubbard

Extra history did a video on genghis khan
Comment from : @holdenmiller8316

By just printing money rapid inflation would occur as the aggregate demand would increase thereby leading to demand pull inflation
Comment from : @mastermax2792

Not Genghis though Marco met Kublai Kahn the grandson of Genghis
Comment from : @GödekeMichels_72

I feel the Simón Bolívar series stuff would be really up your alley!
Comment from : @boio_

when they said khan, they don't mean genghis khan by the end of life, genghis khan had only conquered the vast steppes
Comment from : @sinoroman

After South Sea Bubble I would suggest Policing London, The Haitian Slave Revolt, Simon Bolivar, and the two episodes on Hiawatha
Comment from : @La-Volpa

Can you do another Useful Charts video sometime?
Comment from : @lisa-3373

It was Kublai Khan, Genghis' grandson, not Genghis himself
Comment from : @diegoidepersia

To Fractional-Reserve Banking The cause of and solution to all financial problems
Comment from : @dv7533

It was Kublai Khan NOT Genghis Khan
Comment from : @timalechkevitch4566

Do Justinian and Theodora after south Sea bubble
Comment from : @coolio3267

This video reminded me of the Genghis Kahn Extra Credits series :) My top vote for the next reaction series is the 1918 Flu Pandemic series Catherine the Great takes my nuber 2 slot
Comment from : @AmberAHue82

It was Kublai Khan, not Temujin
Comment from : @bobbybosh4235

1:38 nope, his grandson Kublai Khan
Comment from : @crimsonF4167

Your videos are wonderful!!
Comment from : @FarzanasLaw

At work we had a few counterfeit bills go through so we were taught how to detect counterfeit bills Most bills in the US have a face in the corner when held up to the a light US bills also have a strip of certain numbers that show up when they are shown under a special light we were given by the people investigating the counterfeiting It probably does not stop all the counterfeit, put these things probably minimize it
Comment from : @Yacovo