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"What in the World is Going on with Banks this Week?"


WilliamL

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Did they have banks in Jesus day?

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Good Question other one,,,,,,,I believe they must have had some kind of money system so they probably did have something very similar to a reserve,,,,,,,I think People kept their own money so if they had any kind of banks it was not something for the "people"

You have prompted me to do some research,,,,,,,,,,,,,interesting                      Love,Kwik

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On 4/15/2016 at 1:17 PM, kwikphilly said:

Good Question other one,,,,,,,I believe they must have had some kind of money system so they probably did have something very similar to a reserve,,,,,,,I think People kept their own money so if they had any kind of banks it was not something for the "people"

You have prompted me to do some research,,,,,,,,,,,,,interesting                      Love,Kwik

I was curious so I searched the internet:

Banking was highly developed and subject to Roman Law, money deposits were to be safeguarded and not lent out. A specialty were banker associations or societates argentariae, where members supplied capital to form them, but they had unlimited liability to prevent fraud. Most banks failed during the economic crises of the third and fourth centuries A.D.[

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Blessings Sis,,,,,

    You know what is sooo funny,I immediately thought of you when I posted that & there you are!!!-lol   Good article,thank you,,,,,I did my own little research & it is very very interesting,huh? I liked the bit you shared ,it much more simplified & summarized than what I was getting & going off into                  Very good question from other one                             Love,Kwik

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