Started By
Message

re: History question re: banks

Posted on 12/27/12 at 2:31 pm to
Posted by Zach
Gizmonic Institute
Member since May 2005
112595 posts
Posted on 12/27/12 at 2:31 pm to
Written history begins with the Egyptians and that's about 4,000 years ago and there are no records of banks where a guy could come in and say "Hey, give me 100 bucks and I'll pay you back 140 bucks in 3 months."

It obviously occurred before the life of Jesus because he had a fit about the money lenders in the Temple.
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 12/27/12 at 2:51 pm to
I think the time frame is more like 2000-3000 BC with the ancient sumerians and babylonians. They actually have records of silver and produce being loaned with interest paid on it.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram