Through the story of the evolution of money and finance up until the 15th century, illustrate the following point:th By the end of the 15 century, we have, in Italy the makings of a modern monetary regime: a hierarchy of gold, silver and copper; various kinds of surrogate money such as bills of exchange, local cheques, travellers cheques, marketable securities and certificates of deposit; municipal bonds; private banks; and a book-keeping system that has altered very little in the ensuing half- millennium..