Richard Sylla: The Art of Banking Since the Medici

Day 1, Part 3 of Money for the Most Exquisite Things: Bankers and Collecting from the Medici to the Rockefellers Symposium presented by the Center for the History of Collecting.
Richard Sylla, Henry Kaufman Professor of Financial History, Stern School of Business, New York University, New York, discusses the art of banking since the Medici.
Location: The Frick Collection, New York, NY
Event Date: 03.01.13
Speaker: Richard Sylla
[previously hosted on Vimeo: 271 views]

[@joe45.]

The more you learn the more you earn.

[@minuterepeater2257]

How is it possible this video has just 23 views.

[@tayfora]

Cause people these days hate challenging learning. They’re rather be dumbed down by the msm and now social media influencers.

[@robertbelcher5068]

You know why.

[@muskduh]

thanks for the video

[@eikoGoldstein]

Feudalism was a system based on land. Capitalism is a system based on money, which are fungible units of exchange. Money is mobile but land is not, so the first purpose of a bank was as a secure setting for these units of exchange. From here, bankers learned ways to aggregate funds for the purpose of mobilizing assets to fund purchases and projects. Capitalism simply could not flourish without the development of banks. Automobiles could not exist without gas stations.

[@MrSeadawg123]

Look at the Medici family. Ploitics, religion, are inseperable from money.
As it is all about. Creating a system of control.
Directing resources, exploiting resources etc.
It is about control.

[@jasongeneva2935]

Very interesting presentation. It was a shame the Q&A was hijacked by an insufferably self-opinionated person. ''I will just add a word to that''..... 5 mins later... please sit down and be quiet, you were not invited to present.

[@jaimel2037]

Interesting how he just mentioned The Fed once and not a single word more t them, wonder what this Gentleman’s point of view is now re: the current economic state of the USA(10/2022)let alone the rest of the globe due to “fun monetary policy “ that these wonderful bankers have got us into? Thank goodness Satoshi Nakomoto has arrived and we’re on a path that can’t be blocked now that will bring these Cartel’s to an end.

[@blu3_enjoy]

Tee hee lehmann brothers! Christ

[@gusgus1816]

The real "fun in banking"? Really man? He just explained how we have all gotten our wealth taken from us over time. Yeah Harvard?. Sounds about right.. look up the Zeitgeist movies on economics. Forget this guy. All on Hamilton's nuts, he who introduced the fed bank, jeez man, ouch

[@coimbralaw]

Your ignorance and envy are comedic.

[@clucasism]

He equates modernity with central banking--I wouldn't agree

[@tugger]

listened to this whole thing and no he don't