The history of money


It is important to understand how money works, and part of doing that is by studying how it has worked in the past. Money has progressed over the centuries from something as simple as a rather more complicated as barter are derived. It has gone from being an object to be an idea, so it's not tangible and intuitive. It is important to study the money to enrich themselves. Some important dates are: 

• 1903 - General Board of Education Rockefeller takes over the education system in the U.S. 
• 1913 - The Federal Reserve is created 
• 1929 - The Great Depression 
• 1944 - The Bretton Woods 
• 1971 - Nixon takes the dollar off the gold standard 
• 1974 - Congress passes the Act Employee Retirement Income Security

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