When KNIVES were used as money in Ancient China

Did you know that ancient China once used knife money, spade money, and hoe money instead of traditional coins? In this episode of Economic History Files with Alexander Paris-Callahan, we look at the early history of Chinese tool money, which dates back to before the Zhou Dynasty. These bronze currency tools shaped trade and influenced economic systems across East Asia before being replaced by the iconic round coins with square holes. This tool money could even be considered the earliest coinage in history. Tell me what you think.

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