One wallet is good, but many are crowdfunding!
What unites the Eiffel Tower, modern Internet startups, the election campaign of Barack Obama and the feature film "Iron Sky" The energetic civilization of the Sun? The idea of ​​crowdfunding,…

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One wallet is good, but many are crowdfunding!
What unites the Eiffel Tower, modern Internet startups, the election campaign of Barack Obama and the feature film "Iron Sky" The energetic civilization of the Sun? The idea of ​​crowdfunding,…

Continue reading →

Retail wins banking business
Retail wins banking business Last year was the most successful in the history of the retail business of VTB24 Bank. He again entered the top three most powerful banks in…

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penny transaction

A trifle is an expensive pleasure

The proverb “small spool, yes expensive” is beginning to take on more and more meaning. The production of small money is starting to cost the world so dearly that economically weak countries have long abandoned it, and the stronger ones are looking for options that would reduce the cost of small things at least to the level of their nominal value, but these efforts lead to funny results.

As soon as mankind invented money, how did he immediately encounter the need to somehow break it into smaller parts, because you won’t start giving the same money for a cow and chicken? However, it quickly became clear that it was not so easy to divide the main (usually gold or silver) coin into shares. As a result, the ancient Greeks, for example, had to use coins of about two dozen denominations. After a series of reforms and troubles, the Roman Caesars managed to reduce the variety of coins to five denominations from the largest – aureus to the smallest – ace (400 aces were considered in one aureus). Inattention to a small coin, as a rule, cost dear rulers: before the modern monetary system developed, more than one state was shocked by outbreaks of social discontent caused by this reason. Continue reading

How to make peace with money
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