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Apart from medieval China, which invented both paper and printing centuries before the West, the world had never seen government paper money until the colonial government of Massachusetts emitted a fiat paper issue in 1690.

Apart from my work, my greatest pleasures have been mainly out-of-doors, and although I no longer ski, I greatly enjoy walking in the mountains and leading country rambles. I am fond of music, whether light or classical, and play the piano in a self-taught way. In company, I enjoy lively, way-out discussions.