The Dominance of Money Money has the power to make or break us, as seen in the financial crisis that affected Wall Street and London. This crisis was caused by subprime mortgages and led to a global economic downturn.
The Rise of Money Financial history is essential for understanding all history, from financing wars to building empires. The ascent of money has been interrupted by gut-wrenching crises throughout history.
The Concept of Trust in Money Money is about trust inscribed on paper, silver, clay, or screen. Credit allowed people to borrow money with the belief that it would be repaid at a future date.
'Shylock' - The Notorious Moneylender 'Shylock,' inspired by historical Jewish moneylenders in Venice like Fibonacci's time period who charged interest on loans despite social exclusion due to religious laws against usury.
Birth of Modern Banking Banking evolved from disreputable lending into legitimate banking through diversification and currency trading strategies pioneered by the Medici family.
American Capitalism & Bankruptcy 'Chapter 7' bankruptcy law allows Americans an opportunity for fresh starts after business failures without stigma; this approach encourages entrepreneurship but also leads banks into risky loan practices.