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What ancient culture deliberately used iron as a currency to discourage wealth?

Question #150500. Asked by BigTriviaDawg.
Last updated Jan 19 2024.
Originally posted Jan 19 2024 9:13 PM.

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psnz star
Answer has 2 votes
psnz star
5 year member
1008 replies avatar

Answer has 2 votes.
The Spartans had this brainwave!

link https://en.wikipedia.org/wiki/Iron_currency
According to legend, an ancient Spartan leader decided to use this form of money to discourage stealing. An iron bar had little value. A thief would have needed to steal a wagonload of bars to make the theft worthwhile. As you might guess, other city-states were not anxious to receive iron as payment for goods.
link https://www.franklinboe.org/cms/lib/NJ01000817/Centricity/Domain/2486/Spartavs.Athens.docx
Response last updated by psnz on Jan 19 2024.
Jan 19 2024, 9:14 PM
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