5,000 Years of Interest

How the Price of Time Built Empires, Created Wealth, Triggered Financial Crises, and Shaped the Modern World

von Ryan Blake

252 Seiten, Taschenbuch

Kurzbeschreibung des Verlags

Five thousand years ago in Mesopotamia, a simple loan of barley seeds recorded on a clay tablet birthed the financial system that still dictates your mortgage today.

If you get lost in academic jargon like "basis points" and "yield curves," this narrative history of economics is for you. It translates five millennia of credit, inflation, and debt into a practical guide. Through historical case studies and easy-to-follow diagrams, it explains how the price of time shapes your wallet.

Inside, you'll find: - The origins of lending, from Mesopotamian clay tablets to the Code of Hammurabi.- How the Medici family used double-entry bookkeeping to build a Renaissance financial empire.- The anatomy of speculative bubbles, including Holland's Tulip Mania and the 2008 Lehman Brothers collapse.- A clear breakdown of central banking, showing how Paul Volcker used high interest rates to fight 1970s inflation.- The mechanics of modern "cheap money," from fractional reserve banking to quantitative easing.>This book is for retail investors and curious readers who want to confidently decode central bank decisions. You will walk away with a practical framework to evaluate modern investment risks, mortgages, and savings.

Read 5,000 Years of Interest today to build a clearer, history-backed perspective on your money.

• ISBN: 9798191431178
• Sprache: Englisch
• Erscheinungsdatum: 08.08.2026
• Größe: 203 x 127 mm
• Verlag: Amazon Digital Services LLC - Kdp