- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: History question re: banks
Posted on 12/27/12 at 3:03 pm to Zach
Posted on 12/27/12 at 3:03 pm to Zach
quote:
17th Century B.C.
Gotta be 7th. The ancient Greeks weren't much of anything until they had that link to Egypt with the trading colony of Naukratis near the mouths of the Nile.
quote:
Sounded rather like a bank.
Yeah, or Don Corleone. Just because you have money and decide to lend it out, that doesn't necessarily make you a commercial bank where people store their savings and expect regular returns from it.
Posted on 12/27/12 at 3:16 pm to Doc Fenton
quote:
Gotta be 7th. The ancient Greeks weren't much of anything until they had that link to Egypt with the trading colony of Naukratis near the mouths of the Nile.
Yep, it was 7th Century BC.
Edit: It's interesting that the barter system still survives. Rural America in the 19th Century is a good example. No need for real money.
This post was edited on 12/27/12 at 3:20 pm
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)