The Hidden History of Money in Medieval Europe

Want to help me do more research? Consider supporting via:   / moneymacro   or https://ko-fi.com/moneymacro Is money a commodity or credit. I think both. But the commodity story is told everywhere whereas the credit story is not well known. This video therefore fills that gap by explaining the re-emergence of credit in Europe. BIG SHOUTOUT to Professor Dirk Bezemer, with whom I collaborated to create the script for this video. WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS? △ Liked the in-depth research and want to help me do more? Consider buying me a coffee at https://ko-fi.com/moneymacro or for the Dutchies https://betaalverzoek.knab.nl/QaL7OZh.... △ For some extra benefits consider supporting me longer term on:   / moneymacro   △ Finally, for other one-time donations: https://www.paypal.com/donate?hosted_... LIKE CHATTING ECON WITH ME △ Follow me on Twitter:   / joerischasfoort   △ I have a private Discord server for Senior and Chief economist Patrons. Otherwise I hang out in two Discord servers: △ Unlearning Economics's server:   / discord   △ Capitalists server:   / discord   5 BOOKS THAT INSPIRED THIS CHANNEL The Narrow Corridor: States, Societies, and the Fate of Liberty: https://amzn.to/3gr6pSV Money Changes Everything: How Finance Made Civilization Possible: https://amzn.to/3mt3xbY Adaptive Markets: Financial Evolution at the Speed of Thought: https://amzn.to/3sCkS3a House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: https://amzn.to/3gqXNeZ The Third Pillar: How Markets and the State Leave the Community Behind: https://amzn.to/382Agwo SOURCES: I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog. https://www.moneymacro.rocks/2021-08-... Timestamps: 0:00​ - introduction & theories 2:55 - rise of the money changers 5:38 - rise of bill-dealers 7:46 - rise of bankers & conclusion Attribution: Thought-bubble: created by Harryarts - www.freepik.com Business vector created by rawpixel.com - www.freepik.com Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)   / joeri-schasfoort