Sunday 24 November 2013

The Etymology of the Word "Bank"

The Word "Bank" came from the old italian "Banca" which means BENCH .... 

The benches were used as a desk for the exchanges of monetary units... In the Middles Ages, each city had its own currency. 

So, A bank should be an open space, close to people !!!!   With the concept of "Outsourced Resources Banking", we try to imagine a such situation. 
 
 With the concept of "Fractional Reserve Banking" , a Bank is a "slavery machine" .... In History, the first monetary exchanges were more pragmatic, face to face, on a common projects....
 
If we can understand, money is only a guarantee to create new assets,  useful exchanges and positive interactions , we can go back in a more positive monetary system.


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