Message:

<p>[QUOTE=&quot;medoraman, post: 1273544, member: 26302&quot;]Just a side note, banks have been around much longer, it depends on your definition. The Knight&#039;s Templar made their fortune taking deposits in Europe and giving them back in the Holy Lands during the crusades, earlier Romans had banks where you depost your money for a fee for safety, even before, and close to the dawn of coinage, moneychangers have verified authenticity of coinage and provided money changing into other donominations and currencies. </p><p><br /></p><p>Don&#039;t mean to derail the topic, but concerning banks you first need to establish what your definition of one is first, then see how long they have been around. If you are talking about fractional reserve, interest bearing deposits and loans, then your 500 year timeframe in Europe at least would be about right.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in