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I heard that people were jumping out of the windows from buildings when a lot of those banks failed during the great depression. So yes plenty of banks to go around. LOL
LOL...that other guy was confused. But it is an interesting topic in it's own right and gets into the development of FDIC, etc.. Fodder for another discussion perhaps, not this one.
before they had banks? That would have been a very long time ago. Bank's have been around since 2000 B.C.
During the crusades you could deposit your money and get a note stating how much you had. When you arrived somewhere else you could go and show them the note to get money out.
So how far back are you talking?
Wow. I admit I didn't know that. I sure learn a lot on C-D. But as someone else said, many kept their "wealth" in livestock, etc. Such as in Biblical times.
Wow. I admit I didn't know that. I sure learn a lot on C-D. But as someone else said, many kept their "wealth" in livestock, etc. Such as in Biblical times.
Very true. Even later on. My dad's family owned most of south Dallas in the mid to late 1800's. That dirt and the cattle on it kept the family fed. Over time, because it was a large family and the kids had large families as well, all that land was slowly split up. By the time my grandfather came around only a few remaining sections were in the family and none of it left to my grandfather.
Most people were not that well off though and worked to stay alive, farming or what ever, raising what they ate. My moms dad lived on a farm in Arkansas. I knew my great grandmother. She never lived more than 5 miles from where she was born. She used to cook up chicken dinners for people that past thru to make money. Chickens were in the yard. Everything she had she made her self. Clothes, food, everything. She never had much money though and I don't think she had any in the bank. She lived thru the depression and did not believe in banks. She also did not believe it was sanitary to have a bathroom or a kitchen inside a home. My grandfather and his brothers offered to add a bathroom on to her home. She made them make it in a building behind the house. She had a nicer bathroom then a house. LOL
Yes, banks have been around since before bejebus chased out the "moneylenders" from the temple. Read your bibble.
I don't have a Bible at hand, but looked up Wikipedia. I knew about the "money-lenders" but not that the temples were being used as banks, storage-wise. I read that the Templars held money at their castles for travelers, then issued documents that enabled the traveler to pick up money at other castles along the way, lessening the risk of robbery.
I asked my sister who was a missionary for many years before ATM's how she got her money. "It came on the bus" she said (from their headquarters) Hard to imagine. I have wondered what early explorers to remote areas did for money. Carrying it all with them would have invited robbery.
Leilaniguy---if you live in Leilani Estates, I looked at property there. Pahoa is such a fun eclectic place. The lava barely missed you!
I don't have a Bible at hand, but looked up Wikipedia. I knew about the "money-lenders" but not that the temples were being used as banks, storage-wise. I read that the Templars held money at their castles for travelers, then issued documents that enabled the traveler to pick up money at other castles along the way, lessening the risk of robbery.
I asked my sister who was a missionary for many years before ATM's how she got her money. "It came on the bus" she said (from their headquarters) Hard to imagine. I have wondered what early explorers to remote areas did for money. Carrying it all with them would have invited robbery.
Leilaniguy---if you live in Leilani Estates, I looked at property there. Pahoa is such a fun eclectic place. The lava barely missed you!
This is exactly why there were the highwaymen, or why the travelers had usually gathered in large groups that were able to protect themselves, or buy protection from the local strongmen.
AFAIK the banks / Templars / whatever other early financial institutions were great if you were a wealthy man with lots of money, but I doubt that a small-time traveling merchant or a peasant out to sell his crop would use them.
They would carry money on them, and team up with others for protection.
But they didn't have much to begin with.
Also, the large households would have sizable amounts of coin on hands for everyday use. There's no way they'd be going to the bank every week. Especially if it was a country estate.
They had strong rooms or strong chests for keeping valuables, and relied on armed household members to protect them. Every house was essentially it's own fortress.
Maintaining law and order was also a communal affair. There were night watchmen, town guards, and the neighbors were always ready to help each other out.
Finally, there was severe punishment for robbery and burglary. AFAIK the death penalty was a common sentence for violent crimes.
Last edited by Ummagumma; 12-08-2016 at 03:16 PM..
Wow. I admit I didn't know that. I sure learn a lot on C-D. But as someone else said, many kept their "wealth" in livestock, etc. Such as in Biblical times.
Yeah, sure. That's why I asked once who was historically the richest person on Earth known to history. got all kinds of standard answers.
Reality is harsh.
Noah. He had the largest livestock without ANY other supply. He was a MONOPOLY. I can only imagine riches acquired after that little trip in the arc. Forget wild animals, but just the domesticated ones....
I think banks or the equivalent got started soon after somebody was willing to trade food for a scarce metal or pretty stones. Next came the development of accounts and accountants to keep track of who owned who what. Add the King's Treasurer and we have the foundations of
Civil Servants.
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I heard that people were jumping out of the windows from buildings when a lot of those banks failed during the great depression. So yes plenty of banks to go around. LOL
Hard to imagine. I have wondered what early explorers to remote areas did for money. Carrying it all with them would have invited robbery.
