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The History of Money

Dan Snow's History Hit

00:00

The Bank of England

The bank of england is a mechanism for lending money to the government. The financial revolution sets up the industrial revolution, right? And i do think we live in such a sort of financialized world where it often feels like it's too easy to borrow money,. But for a long time, in a lot of places, you couldn't really borrow money, or it was really expensive to borrow money. Why everybody can't have lots of money? Well, in historical terms, almost everybody in the developed world does have lots ofMoney. I feel like under samia, which has gotten more and more appreciated over the last 50 years,  money is under us.

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