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Website: http://smartsongs.org/ Facebook: https://www.facebook.com/smartsongs Lyrics: About to take a trip through time, 10,000 years ago Back before nickels and dimes, how does the story go? Verse 1: Before Money About to take a trip through time On your mark, ready, set, here we go Way back when, when there was no money It was about ten thousand years ago People did move from place to place Looking around for food to chase Groups in the wilderness, they would trade Food they caught, a coat they made But after that, people learned to farm No need to move around anymore Towns started sprouting up With carpenters, weavers, and more Verse 2: Bartering, First Forms of Money By what is known as bartering It's how they all kept on living Vegetables and plants, camels Cows, and sheep were the kinds of things Commonly traded but over time became dated So a newer system using currency was created Developed by the Chinese For money they used cowries Colorful shells found in the oceans of the Far East Verse 3: First Coins Sumerians from Mesopotamia May be the ones who created the first coin 5,000 years back Over time, money became round and flat Easy to count and stack Then the Greeks began to print coins With designs in tact In fact, symbols of leaders, they began printing The stamping of metal coins, today we call minting Verse 4: First Paper Money Sprinting back to China 2,000 years, we'll find the First form of paper money printed and designed for People to make their purchases Of many goods and services Around the world, many countries never heard of this Then Europeans started using promissory notes Which promised that you owed someone A solid piece of gold Chorus Verse 5: Colonial Money To America, settlers came From Holland, England, France, and Spain What did they use for money, you're wondering? Simply money from where they're coming from Then they all started to moan They ran out of money they brought from home So the colonies made their own And that enraged the British throne Won the war, had to pay our soldiers But our paper notes were worthless So at last, our new nation created the dollar system Verse 6: First Dollar In 1792, Congress did approve A law that would state it's the dollar we shall use A currency that's built on the decimal system Cents are one-hundredth of a dollar, so listen Philadelphia Mint made the nation's first coin In 1861, paper dollars were employed Verse 7: Printing Money All our paper money is printed in Washington Funny, 'cause it's not paper, but really a special blend Of cotton and linen made with special permission From the nation's Bureau of Engraving and Printing About 30 bills are printed on a single sheet, see? Then they're torn apart, pressed, starched Bundled neatly Verse 8: Largest Bills, Federal Reserve $100,000 bill, the largest we created Today, a hundred is the highest bill that's circulated Not so long ago, all your dollars and your dough Were redeemable for some solid bricks of gold That was the gold standard, it no longer exists But the concept of value behind money still persists Chorus