Today, Tuesday, we visited British museum. Lots of interesting things to see, amongst them mummies of sacred bulls and cats, as well as human mummies, an interesting exhibition with clocks and watches, and antiquities from the roman empire. However, I found the currency exhibition to be the most interesting. It displayed currencies from different parts of the world and how the different currencies have developed over the last 300-400 years. We saw how paper money, from around 1800, were issued throughout the British empire to make the international trade easier, however printing more money quickly became problematic for the economy. We saw how many currencies used to be backed by gold or silver, and we read about the first bank crisis in Europe. We also saw how different political systems have affected the currencies. For example the hyper inflation in Germany in the 1920s and 30s.
Picture of a 500 000 000 Reichmark bill