banking

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The Evolution of Money. Episode V: The Commercial Banks strike back

[vc_row][vc_column][vc_column_text] The story of the evolution of money from barter to what it is now is never complete before the role played by commercial banks is highlighted. While the practice of safe-keeping and storing savings had been around as early as 2000 BC in Babylon, the term ‘bank’ only started to be used around 1640 …

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