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In the year 2,500 B.C. Gold and silver began to be used as a mean of exchange.
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In 650 B.C. The lion of Lydia was created, which is the oldest official currency, which is preserved in Turkey.
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In the year 600 B.C. The first official currency of China was invented, it was made of silver and gold.
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The emperor offered to keep people's coins, and he gave them a kind of document where they recorded how much gold they had saved to be able to collect it later, this was called paper money.
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On 15th of September of 1254 the merchant Marco Polo was born
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In the 16th century, Marco Polo saw this paper and brought the idea to Italy.
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In 1609 the first central bank was created in Amsterdam, which was an organization that regulated the value of money.
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In February 23, 1744 was born Mayer Amschel Rothschild.
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In 1782, when the United States, was creating the dollar, they based on the Spanish currency.
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On December 25, 1913, the Federal Reserve was presented with the original ideas of the German banker Mayer Amschel Rothschild.
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In the first and second world wars, the dollar had more value, so each bill was backed up by gold.
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In 1944, the United States brought together 44 countries in Bretton Woods, in order to define the financial future of the world.
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At the end of the world war, they had a greater amount of bills than gold stored, so it could no longer be backed up.
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In 1965, France decided to take back its gold, so they exchanged their dollars for gold; then other countries did the same, which caused an economic crisis.
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In 1971, United States decided that its currency would no longer be backed up by gold.
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If the dollar were not the world currency, what would it be?
