Personal Finance and Financial Basics

In Greece and Egypt, the words used for interest, tokos and ms respectively, meant “to give birth”. In these cultures, interest indicated a valuable increase, and seemed to consider it from the lender’s point of view.43 The Code of Hammurabi (1792–1750 BCE) included laws governing banking operations. The Babylonians were accustomed to charging interest at… Seguir leyendo Personal Finance and Financial Basics

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