Friday, January 22, 2021

Objects suggest Europeans used standardized money 4,000 years ago

Bronze ribs, pictured, as well as rings, axe blades and other objects, suggest people in Central Europe were using standardized currency at the end of the Early Bronze Age.
Photo by M.H.G. Kuijpers

New research suggests groups of farmers living in Central Europe were exchanging standardized money -- in the form of bronze rings and ribs -- during the early Bronze Age, nearly 4,000 years ago.

According to the latest archaeological analysis, described Wednesday in the journal PLOS One, the use of standardized money in Central Europe may have developed independently from money systems that emerged in the Far East and Mediterranean. 

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