History of paper money

Hint

Answer

First country in the world that started using it.

Mongol leader who issued silk-backed currency in 1227.

His grandson who made it the only form of payment and punished people who refused to use it by death.

Italian merchant and explorer who bought the idea from the Far East to Europe.

European military order which offered services of depositing and guarding wealth and issued a bill of credit which allowed people to withdraw it in another place, creating the worlds first bank.

First European country to start issuing banknotes in 1661.

Economic occurence that makes paper money useless which led to the failure of all early attempts of creating a stable paper currency.

British ruler who founded Bank of England in 1694. and issued first pound banknotes to help him raise money for war against France.

Year that first U.S. dollar bill was printed to help finance an ongoing war.

This African country, fighting hyperinflation in 2009., issued the biggest banknote in history: 100 000 000 000 000 dollars.