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Up until 1500BC all currency was cattle, goats, sheep, etc. The Phoenicians first invented the use of metal money- they made it from iron. To obtain the iron they had to mine for the ore, haematite to extract the iron from it. The Phoenicians mined and imported haematite from around the world and extracted the iron. The excess weight from the iron concentrated on that imparticular position of the earth, slowly, but gradually building up the force, caused the earth to spin slightly faster. The weight had effected the gravitational pull on the earth. Astronomers of the time noticed that the pattern of the positioning of the stars was irregular and came to the strange, but true conclusion that the weight of the iron coins was the cause of this phenomenon. One ancient Phoenician philosopher- Iya Triktyu, came up with the phrase 'money makes the world go round'.
I am the professor of Numismatics at the University of Cambridge, I study and lecture this fascinating topic and have worked with famous architects to uncover the secrets of ancient money,
I hope this has helped you. Thank-you for reading.
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Why do Americans value money so much?
Because in america money makes the world go round for them
Does money make world go round?
No the axis invisibly going through it does
What makes the dollar lose value on the world market?
Sometimes if one country prints more money and there is a lot of money the value goes down. If money was rare it would be worth a lot.
Crops that are sold for money on world markets?
Crops that are sold for money on world markets are called cash crops.
How much money does Stephen Harper earn?
Stephen Harper earns an annual salary of $296,400, which makes him one of the highest compensated political leaders in the world. Harper is the Prime Minister of Canada.
According to a song in muscial cabaret what makes the world go around?
Money. "Money makes the world go 'round, the world go 'round, the world go 'round. Money makes the world go 'round in the most delightful way. Money, money, money, money. Give a little. Get a little."
In cabaret song What makes world go round?
money, that clinkin'clankin'sound
What make's our world go round?
love makes the world go round but im preety sure money has something to do with it
Why do Americans value money so much?
Because in america money makes the world go round for them
Why is Christmas so long here?
Because money makes the world go round.
Why is money considered the root of all evil?
Because it causes people to do strange things , like murder someone just to obtain cash, money makes the world go round , money is power and people fight for power, which brings you to the saying, money is the root of all evil!
What is finance and its importance?
The science of the management of money and other assets.. Makes the world go 'round!
What are the importance of money?
Money makes the world go round. Without money you have nowhere to live, no food to eat, and no way to buy necessities.
What are cumputers for?
Makes the world go round and round
Who was burned at the stake for saying the world was round?
The Church persecuted no one for stating the world was round.
What is a random fact that starts with m?
Money makes the world go round. Monkey see, monkey do. More is not better.
What company makes the most money in the world?
exxon makes the most money in the world
