The Hidden History of Money in Medieval Europe
Is money a commodity or credit. I think both. But the commodity story is told everywhere whereas the credit story is not well known. This video therefore fills that gap by explaining the re-emergence of credit in Europe.
Timestamps:
0:00 – introduction & theories
2:55 – rise of the money changers
5:38 – rise of bill-dealers
7:46 – rise of bankers & conclusion
Credit to : Money & Macro
Please support our Sponsors here :