Bidayatou al moujtahid vol 2

This document discusses the history and development of paper money. It explains that originally paper money was developed as a way to represent gold and silver coins to make large transactions more convenient. Over time, governments began to issue paper money that was not backed by precious metals, which led to the modern fiat currency system where currency derives its value from government regulation instead of physical commodities. The use of paper money has grown significantly over the centuries and now dominates monetary systems worldwide.Read less