Sunday, September 8, 2013

Money Wisdom #172

"Man's great inventions are, as we have seen, words and money, and words about money are therefore of double interest to us. The word I have in mind is the word 'millionaire,' a word of some importance in the history of money. Its coinage can be dated and placed quite precisely....
....The word 'millionaire,' which is French and means celui qui possede un million d'argent, was invented in the open air in a little street near what's now the Centre Beaubourg in Paris known as the Rue Quincampoix or Quincenpoix in the autumn of 1719."

James Buchan Frozen Desire (1997) p.127

Or, this was where the word 'millionaire' was invented in the Autumn of 1719.

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