Chapter II, The Medici Bank and its Economic Background introduces the reader to key concepts utilized throughout the study, such as the gild system.
Among other topics, it discusses how in Florence during the reign of Walter of Brienne in 1343, the government debt became so large that it was consolidated into a rolling public debt known as the monte comune, or public fund. Have a great day everyone!
— Nov 14, 2025 12:39AM
Add a comment