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Disclaimer
Please read this before relying on anything you find on the site.
Educational purposes only
The information on this website is for educational purposes only and does not constitute financial advice or a call to action. It describes the history of money, monetary systems and currencies in general terms.
No advice or recommendation
Nothing on the site is a personal recommendation or an offer to buy or sell any financial instrument, currency or asset. We do not consider your objectives, financial situation or needs. For advice, consult a qualified professional authorised by the Financial Conduct Authority.
Investment risk
All investments carry risk. The value of investments and currencies can fall as well as rise, and you may lose some or all of the money you invest. Products involving foreign exchange or leverage can carry particularly high risk.
Past performance
Past performance is not a reliable indicator of future results. Historical exchange rates, devaluations and crises are described to explain events, not to suggest what may happen next.
No promise of results
We make no promise of any outcome. We research carefully, but historical sources sometimes disagree and errors can occur. If you find one, please tell us so that we can correct it.
Your responsibility
Any decision you make about your money is your own, and you are responsible for it. To the extent permitted by law, we accept no liability for losses arising from the use of this website.
Business model
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Third-party names
Central banks, governments and international organisations are mentioned only as part of historical explanation. They are not connected to this site and have not reviewed or endorsed it.