Comment by marcosdumay

The restriction on how much money banks can print has only some 200 years. A while before that, banks invented unlimited money printing, and a while before that banks were completely reinvented as regulated entities because money was coming and going without control...

I don't know how the ancient civilizations handled non-metalic money, I know that on the Middle age it was a famous kingdom killer because most kings couldn't refrain from creating infinite money.