1.   This was the origin of paper currency as used in modern societies today.

2.   And since inflation was what drove many investors to hold gold rather than risk seeing the value of their paper currency deteriorate, gold has become correspondingly less attractive.

3.   A few minutes later, Micha emerges with a huge wad of paper currency and hands it to me.

4.   Even with a central bank, the gold standard was still the dominant constraint on the issuance of paper currency and the expansion of bank deposits.

5.   Moreover, when the Federal Reserve issues paper currency to U.S. banks, their payment for it is used to purchase Treasury securities.

6.   Once it was useful as a hedge against inflation that would hold its value when paper currencies did not.

7.   The confusion about the relationship between image and reality created by the introduction of paper currency was matched by a heightened illusionism in certain forms of art.

8.   The country has no postal system or paper currency, not to mention hospitals, running water, electricity or telephones.

9.   The euro is a grand experiment, a paper currency without a government.

10.   The last paper currency with the lion, unicorn, and crown of Britain was phased out.