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Why a Dollar is Called a âBuckâ. As with many etymologies, the exact root of this word is difficult to say with one hundred percent certainty. However, the leading theory is extremely plausible and backed up by a fair bit of documented evidence. Specifically, it is thought that a dollar is called a âbuckâ thanks to deer. One of the earliest references of this was in 1748, about 44 years before the first U.S. dollar was minted, where there is a reference to the exchange rate for a cask of whiskey traded to Native Americans being â5 bucksâ, referring to deerskins. At this time, a buck skin was a common medium of exchange.
China was simply far more developed technologically and culturally than any state in the West. But one wonders whether Polo had actually visited, because of the things that he doesn't write about at all. He doesn't mention paper money and the bank note, which were both invented during the Song Dynasty. You would have thought that if he'd lived there for 20 years, he might have noticed it, because Western Europe didn't have it. What are some of the things that made these large, bustling Chinese cities unique in their time?