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Legendary King of Sparta, Lycurgus make sweeping reforms with concern to the ideas of property, himself disliking the idea of personal wealth. Lycurgus decided to develop his own monetary policy to help eliminate the issues he observed in other kingdoms...

His solution; make giant, heavy, worthless money out of iron.

First of all he abolished the use of gold and silver money, and made iron money alone legal; and this he made of great size and weight, and small value, so that the equivalent for ten minae required a great room for its stowage, and a yoke of oxen to draw it. As soon as this was established, many sorts of crime became unknown in Lacedaemon. For who would steal or take as a bribe or deny that he possessed or take by force a mass of iron which he could not conceal, which no one envied him for possessing, which he could not even break up and so make use of; for the iron when hot was, it is said, quenched in vinegar, as to make it useless, by rendering it brittle and hard to work.

Source: Plutarch's Lives vol. 1: Life of Lykurgus: Section IX

Legendary King of Sparta, [Lycurgus](https://en.wikipedia.org/wiki/Lycurgus_of_Sparta) make sweeping reforms with concern to the ideas of property, himself disliking the idea of personal wealth. Lycurgus decided to develop his own monetary policy to help eliminate the issues he observed in other kingdoms... His solution; make giant, heavy, worthless money out of iron. >First of all he abolished the use of gold and silver money, and made iron money alone legal; and this he made of great size and weight, and small value, so that the equivalent for ten minae required a great room for its stowage, and a yoke of oxen to draw it. As soon as this was established, many sorts of crime became unknown in Lacedaemon. For who would steal or take as a bribe or deny that he possessed or take by force a mass of iron which he could not conceal, which no one envied him for possessing, which he could not even break up and so make use of; for the iron when hot was, it is said, quenched in vinegar, as to make it useless, by rendering it brittle and hard to work. Source: Plutarch's Lives vol. 1: Life of Lykurgus: Section IX

1 comments

[–] jobes 3 points (+3|-0)

Somewhat similar to banning larger bills in the sense that it is hard to hide a large amount without a large area, or being noticed putting so many small bills into a bank.

Hot iron and vinegar I have never heard of before tho. Interesting.