A summary of money and monetary policy

The economic need imposed the necessity of finding a way to preserve the value, so that the economic thought is included in the use of tools for this preservation; Starting with barter, through the use of metal money and sukuk, and ending with paper currencies; All this graduation was imposed by economic developments and the expansion of the local and global trade movement. The ancient Egyptians were the first to use minerals as a currency, before the Chinese used it, and each country was keen to mint its currency and engraved it that expresses its sovereignty, and the world continued to deal with the Romanian connections as an international currency until the "Abdul Malik bin Marwan" established the first independent monetary system for the state Umayyad during his reign. And with economic developments, the world needs almost the thirteenth century a monetary system based on gold and sukuk; The money that gives merchants appeared in the sukuk as a financial guarantee. The matter continued so until the First World War; The world began to abandon the coins in favor of paper. In this book, the author monitors the money march from its inception until after the First World War.