You often hear about inflation on TV or read about it in newspapers. However, chances are you don’t really understand what it is all about. Even if you did study economics in college, you would have already forgotten about it. Who cares! You are just too happy to finally have gotten over the course. After all, economics has been constantly voted as one of the most boring subjects ever created.
We often use coins in our everyday transactions that we often forget it wasn’t a popular form of currency way back in ancient times. Now, aside from our coins for change, we have Bitcoins and other cryptocurrencies; but before that, real coins were probably minted in ancient Lydia (now western Turkey) around 700BC.