... the Americanpolitical attitude to banking, and explain what can seem to Europeans theparochialism and backwardness of American retail banking.4 A HISTORY OF MONEY system. Later, though, it was ... States, Canada,Europe, Australasia and the Far East. He is currently on the editorial board of Treasury Today published by the Institute of Chartered Accountants. florin! (Cipolla 19 67: 38–51; Braudel ... mainly by the uneducated, the scope for gradual, and sometimes notso gradual, debasement was greater and was totally at the expense of workersand peasants. ‘Honest’ petty coinage was unprofitable:...