Скачать или смотреть The Surprising History of Debt: From Clay Tablets to Credit Cards

Hello Learners,
In this video, "The Surprising History of Debt: From Clay Tablets to Credit Cards", we discuss in detail about the evolution of Credit and Debt throughout history. This video covers what a Credit is, the difference between Credit and Debt, how it developed across Ancient civilizations, Medieval societies and Modern times and finally its importance in our current society.
Credit is the belief and trust in a borrower’s ability to repay debt. It’s an invisible yet powerful tool that helps us finance our needs, even before we have the money. Interestingly, the paper money we still use today began as a form of credit: a promissory note. That’s why many currencies, like the British pound £ (GBP), still carry the phrase, “I promise to pay the bearer on demand the sum of...” While modern money is no longer backed by gold or silver, the promise reflects how deeply trust is embedded in the idea of money itself.
A lot of about Debt and Credit remains unknown, especially the long history behind it and how it evolved through ages.
Through this video, we explore how Credit and Debit co-existed in different forms and how it existed even before money was invented.
This video also covers things like: Ancient Mesopotamia, Ancient Civilizations (Egypt, Greece, Rome, India and China), Medieval times, Renaissance, Credit Cards (Diners Club Card, VISA, AM-EX) and Credit Ratings companies (Moody’s, Standard & Poor’s, Fitch).

Watch the video to know more!
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Timestamps

00:00 - Introduction
00:54 - Origins of the word "Credit"
01:20 - Credit
02:00 - Credit vs Debt
02:30 - Credit in Ancient Mesopotamia
03:40 - Credit in Ancient Egypt
03:58 - Credit in Classical Greece
04:25 - Credit in Ancient Rome
04:49 - Credit in Ancient India
05:10 - Credit in Ancient China
05:35 - Credit during Medieval Period
06:40 - Credit in Renaissance Period
07:59 - Credit in Modern Period
08:28 - History of Credit Cards
09:53 - Importance of Credit
10:37 - Conclusion
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Comment below with your thoughts on Credit and Debt.

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Credits:-
Monumental Journey - Jesse Gallagher

Videos:
Pexels & Wikimedia Commons

Photos:
Pexels, Wikimedia Commons

1) Classical Numismatic Group, Inc. http://www.cngcoins.com, CC BY-SA 2.5, via Wikimedia Commons. Modified from the original.
Link: https://commons.wikimedia.org/wiki/Fi...

Disclaimer: Some illustrations in this video were generated using AI tools to visualize historical concepts.

Information:
https://www.etymonline.com/word/credit
https://en.wikipedia.org/wiki/Debt
https://www.loc.gov/collections/cunei...

A History of Money, From Ancient Times to the Present Day
Author: Glyn Davies
Part: Girobanking in Early Egypt
Page: 52
Link: https://library.uniteddiversity.coop/...

https://www.worldhistory.org/article/...
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https://en.wikipedia.org/wiki/Hundi#
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https://www.britannica.com/money/bill...
https://en.wikipedia.org/wiki/Circula...
https://en.wikipedia.org/wiki/Sukuk
https://en.wikipedia.org/wiki/Medici_...
https://en.wikipedia.org/wiki/Luca_Pa...
https://en.wikipedia.org/wiki/Vix_per...
https://en.wikipedia.org/wiki/Usury
https://en.wikipedia.org/wiki/Mercant...
https://www.swipesum.com/insights/his...
https://library.harvard.edu/collectio...
https://en.wikipedia.org/wiki/Credit_...
https://en.wikipedia.org/wiki/Credit_...

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