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Uploaded by on Mar 25, 2010

http://www.lendinguniverse.com/borrowersmobilehomeloan.asp mobile home loans for bad credit Metallic coinages were seldom satisfactory, because the supply of money depended on the whims of monarchs and chance discoveries of mines. Coinage problems became unimportant only when paper money and bank deposits became the common form of money. When the Roman Empire collapsed, the highly developed monetary systems of the ancient world collapsed with it. Subsistence agriculture and petty barter dominated the scene. Money was used only in the trickle of long-distance trade in luxuries which survived. As trade revived, money became important again, and the character of the new monetary system was strongly influenced by the conditions of trade. Because transport was expensive and uncertain, wide price differences existed between areas producing different products. Long-distance trade was profitable, but anyone who carried a large sum of coin on a long journey ran a considerable risk of losing it to robbers or pirates. Even in towns there was considerable danger of robbery.
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