Position:Home>History> Did the `Jews` Invent Banking??
Question: Did the `Jews` Invent Banking!?!?
And if so, is it true they have all the money!?
This is the kind of garbage information being subliminally dessiminated in films such as `Genova` (which probably had Abu Dhabi financing)
If a) is true is b) true too!?
And if both are true, which is specious as both Arabs (the oil barons) and the Catholics (the Church/the Mafia) have more collective not to mention blue chip money than world Jewry (whose wealth at best is contingent), do we blame the inventor of the Atom bomb for the invention or do we blame misuse of atomic energy!?!?!?!?
Sticking in the odd antiSemitic barb in current films doesn`t do much to advance world peace and probably has the same effect (ultimately catastrophic) that the antiSemitic films of the Weimar Republic had during the rise of Nazism and the Third Reich!.
BTW: Colin Firth is superba in this movie!.
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Best Answer - Chosen by Asker:
The Knights Templar are often credited with the invention of modern banking!.
So are the Lombards, mediaeval citizens of rich cities in northern Italy!.
The untrue claim that "the Jews have all the money" is an antisemitic libel, which needs to be refuted once and for all!. The Nazis trotted out this rubbish, and it suits the political agendas of some Arab interests to continue to publicize it!.Www@QuestionHome@Com
Regulated banking started with the Romans (although the concept goes back to ancient Babylon) - the moneylenders Christ threw out of the Temple were undoubtedly Jews, and this may be where the reputation comes from!. Powerful European banking dynasties like the Medicis were resolutely Catholic!.
Einstein was Jewish - as was Oppenheimer (the Father of the Bomb)!. As coincidentally were Ethel and Julius Rosenberg who betrayed the atomic secrets to the Russians!. Good and bad in all - and perhaps it doesn't do to generalise!.Www@QuestionHome@Com
Currency exchange existed for centuries and was said to be around since the time of the Babylonians(the Barter system)!. I don't think you can really assort the answer to any specific race but maybe there is real deep research that might prove your idea!. Never read any info!. regarding either answer (a) or (b)!.
Try searching about the Barter system which existed then, you might get lucky!.!.!.(~!.~)Www@QuestionHome@Com
Partly!. In Europe, Christians weren't allowed to be money-lenders, so only Jews could be money-lenders, and so they were very unpopular!. Look at William Shakespeare's play 'THE MERCHANT OF VENICE!.'However, they did not have as much money as monarchies and the papacy!.Www@QuestionHome@Com
It is true that there have always been many rich jews!. It is also true that they had usually earned their money!.
Google the passenger list for the Titanic, and note the surnames!.Www@QuestionHome@Com
no the banking that we know of today was actually invented by the Knights Templar!.!.!. the first banks were in Mesopotamia in around 5000bc
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No the Romans invented bankingWww@QuestionHome@Com
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No!.!.!.!.more likely the Knights Templar!.!.!.!.as far as formal banking goesWww@QuestionHome@Com
No!.
Banking originated long before money was around!. In Mesopotamia and ancient Egypt people used temples to safeguard their crops from theives!. Deposits and withdrawals were made and receipts given!. People were even able to transfer their grain holdings to third parties!. This practice extended to the depositing of all material wealth, particularly gold in these temples!. There are records from Babylon in the 18th century BC that gold was placed in the temples for safe keeping and these records actually detail loans made by the priest to certain individuals!.Receipts came to be used for transfers not only to the original depositors but also to third parties!. Eventually private houses in Mesopotamia also got involved in these banking operations and laws regulating them were included in the code of Hammurabi!.
Greek temples as well as private and civic entities conducted financial transactions such as loans, deposits, currency exchange, and validation of coinage!. Interestingly, there is evidence too of credit, whereby in return for a payment from a client, a Money Lender in one Greek port would write a credit note for the client who could "cash" the note in another city, saving the client the danger of carting coinage with him on his journey!.
Ancient Rome perfected the administrative aspect of banking and saw greater regulation of financial institutions and financial practices!. Charging interest on loans and paying interest on deposits became more highly developed and competitive!. The ascent of Christianity in Rome and its influence restricted banking, as the charging of interest and usury were seen as immoral!. Jewish entrepreneurs, free of Christian taboos about money, established themselves in the provision of financial services increasingly demanded by the expansion of European trade and commerce!.
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