If I recall correctly, they invented banking. So, yes, they were really advanced... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		motoboi on Feb 3, 2017 \| parent \| context \| favorite \| on: The richest families in Florence in 1427 are still... If I recall correctly, they invented banking. So, yes, they were really advanced.

vixen99 on Feb 3, 2017 [–]

Yes, indeed because it allowed wealth creation (=businesses) to flourish. Lending is an act of faith in the future.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact