I guess so, depends on what you call currency really, people bartered too; exchanging goods for goods and services....Actually, people would just use whatever is convenient as an exchange media. For example, post WWII Germans used cigarettes as currency.
Was it? By the standards of the day? And the rich did, the wealth was expressed simply as land, and they rich really did have all of that, and the means to effect law to take it from the commons. I would also suggest that inflation wasn't always small untill the last 100 years, during the reign of henry IV and V inflation quadrulpled the price of living. There wasn't enough moeny and the governments simply printed/minted more (or reduced teh true silver/gold content)...Throughout most of history, inflation was small-to-negligible (at least by current standards). How is it that the rich didn't acquire all of the wealth back then, if inflation was so low?
Pity!Huh? This run-on sentence has me confused.