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<p>[QUOTE=&quot;medoraman, post: 2233435, member: 26302&quot;]In most ancient civilizations I have read about, its just like in the US today. The government simply creates the money and spends it to pay their bills to get the money in circulation. So, your examples of soldier pay would be accurate. They mint coins, pay their soldiers with it, the soldiers buy food, clothes, etc. and thereby the coins enter circulation. It works well as long as the government does not flood the market with debased coins. That causes hyperinflation and is a good way to get you beheaded when the army revolts against you.[/QUOTE]</p><p><br /></p>

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