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Amsterdam

アムステルダム ／ amsterdam　—　People & places

A city of the Netherlands, where modern banking and the exchange grew up.

Guldiner of Sigismund Guldiner of Sigismund1486 Gold ducat Gold ducatEstablished 1586
A photograph of the real thing this term names.

⚠ The public bank established here created a place where "any deposited coin could be calculated with the same standard" by stabilizing the book value of the currency it held. This is an example of monetary chaos being resolved from the accounting side.