Counterfeiting Began Even Before Money Was Invented, Archaeologists Deduce

Evidently there always was one born every minute, and as the great civilizations around the Mediterranean collapsed 3,000 years ago, silver became extremely hard to obtain

Ruth Schuster
Ruth Schuster
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Around 3,200 years ago, the great civilizations around the Mediterranean collapsed. The sprawling empire of ancient Egypt shrank back to the land by the Nile, and even suffered the indignity of invasion from overseas. The Hittite cities in Anatolia were burned to the ground. Ugarit (in today’s Syria) was brought low, the Mycenaeans and Minoans vanished into the long night, the Babylonians descended into chaos and the Sea Peoples apparently became ascendant, sailing out of the Aegean.