The Cheesy History of Currency
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Learn how medieval Italians used cheese as currency and why banks accepted Parmigiano Reggiano as collateral for loans in this weird history breakdown.
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Video Transcript
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Did you know… People once used cheese. As money. Yes.
Actual cheese. As actual currency. <break time="1.0s" /> In medieval Italy… Cheese wasn’t just dinner.
It was a financial asset. A dairy-based investment. A lactose-powered economy. <break time="1.0s" />
The most valuable cheese? Parmigiano Reggiano. The good stuff. Hard as stone.
Worth more than gold in some towns. <break time="1.0s" /> Because it aged slowly… Stored well…
And didn’t rot quickly… It became the perfect edible vault. <break time="1.0s" /> People paid rent in cheese.
Taxes in cheese. Dowries in cheese. Imagine asking your landlord… “Is cheddar acceptable
this month?” <break time="1.0s" /> Some banks even accepted cheese as collateral. You could literally
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