Category: About Ageless Finance

Why am I writing about “Ageless Finance”? Why do I think finance is not only ancient, but also a basic knowledge everyone should master? There are always many victims of financial crises, frauds, excessive debt, or inflation for lack of knowledge. Since the classic ages.

“The earliest historical evidence is from the year 3000 BC We see that Banking originated in Babylonian empire where in Temples and palaces were used as safe places for the storage of valuables. Initially the valuable that can be deposited was only grain, but later cattle and precious materials are also included. Almost during the same time period , in the Sumerian city Uruk in Mesopotamia trade was supported by lending. The Crisis of the Third Century, also known as Military Anarchy or the Imperial Crisis, was a period in which the Roman Empire nearly collapsed under the combined pressures of invasion, civil war, plague, and economic depression.” (Wikipedia)