Ancient Coins and Currency
Ray Becker… “The Ray Becker Show” Audio player provided!
Economic news and report on Market conditions and indices. ALSO
Discussion about ancient coins and forms of money. Ancient Israel, Greece, Rome and the other advanced civilizations. Also look at coins and forms of payment for other civilizations. From ancient currency we’ll head into the Middle Ages and cover how Empires traded with each other.
Listen to this broadcast or download “Ancient Coins and Currency” in player below!
In the past, Empires would purchase goods from other Nations. The form of payment was usually in gold or silver. This currency was delivered by horse and by ship if needed. The danger was the robbers that would ambush these deliveries causing great concern to the parties involved.
Bankers were beginning to make their way into these Empires and providing a much needed Service; pay for goods without delivery of physical money. The Bankers or Money Changers would take station at each Empire and they would exchange paper between themselves in order to complete transactions. Of course, these transactions would be charged a fee or commission.
Beyond the fee’s and commissions was a great deal of influence over the Sovereign. This is the system that has produced the family’s known as Rothschild, Warburg, Rockefeller and several others is still in place to this day.