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Medieval Banks

If a medieval person needed a loan or a home mortgage, could he get one from a local bank? Could you open a checking or saving account at a medieval bank? What about credit cards, or travelers’ checks? In this video learn about coin, currency, and the Medieval Commercial Revolution, along with the role of the Templars in banking and their invention of Travelers' Checks. Plus medieval Italian and Jewish bankers, Bills of Exchange, Church restrictions on Usury, and the use of Legal Fictions to get around these restrictions. Chapters 00:00 Introduction 01:55 The Commercial Revolution 02:18 Re-appearance of Currency 02:48 Debasing the Coinage and Inflation 04:21 Scarcity of Gold and Silver 05:40 Re-Emergence of Banking 05:55 The Templars invent the Traveler’s Check 07:35 Moneychangers, Bankers and Bills of Exchange 08:05 Church Law, Usury, and Banking 08:57 Avoiding Usury Laws with Two Legal Fictions 10:27 Jewish Bankers 11:21 Italian Bankers 11:55 Conclusion __________________________ 🎼 Music in this video: ⤵️ 🎹 Background Music: a) Polorum Regina - A Ball Redon (Llibre Vermell De Montserrat)    • Polorum Regina - A Ball Redon (Llibre Verm...   b) Old Music    • Old Music   c) Medieval Music Mix With Art - Royalty Free    • Medieval Music Mix With Art - Royalty Free   🎺Introduction Music: It's Been A Long Long Time (Kiss Me Once) Trumpet Solo By Redsal    • It's Been A Long Long Time (Kiss Me Once) ...   🎸 End Title Music: We'll meet again (without choir) (karaoke) Vera Lynn    • Видео   _______________________________________ 📳Check out my Social Media Sites: ⤵️ ☕ https://www.buymeacoffee.com/historywaip 🎭Facebook   / history-waits-for-no-one-100680331862895   🛎Twitter   / waitshistory   🖇️ LinkedIn   / jerome-arkenberg-8a5b9612   🤸 Tumblr https://www.tumblr.com/blog/historywa... 📖 Reddit   / historywaitsfornoone   🎴Patreon https://www.patreon.com/user?u=477397...