Magical Business Documents

You are smiling, it’s the same with banks, no matter how well arrangements that are the branches, they offer you coffee and always pamper your ego with phrases like everything with the power of his firm, unlocks the potential, or life is now, and of course you always smile.

The history of banking is dark and has not changed much, until a few years ago I still remember that most of the population had a very bad image of banks was then launched a massive advertising campaign and intense global level to change this perception , just turn on the TV and see that I speak, now the bank is a facilitator of life, business and helps you realize your dreams, well that’s just the cover, here I’ll tell you what is really a bank.

The bank has several sources one of them came through the goldsmiths, you’ll see people like I was always afraid of the theft of their wealth, to protect their gold and silver gave it to the goldsmiths for these were guarding him, the goldsmiths were people used to working with gold and silver and therefore many of them were guards protecting the money and also vaults or something similar. The owners were therefore the first depositors of the bank, over time this practice of carrying your gold and silver to the goldsmith for safekeeping became common and natural, the goldsmith then began to charge a small rent for guarding your Money is a commission, then when you needed some money going to the goldsmith and withdrew some money and this gave you the smoothly.

Over time the goldsmith began to become a banker, because he realized two things: people rarely withdraw all their gold and silver hit single slowly and deposit receipts stretched the goldsmith’s people began used to pay, that is no longer going for their gold, just paid with their gold deposit receipts signed by the goldsmith billestes like today.

Then the goldsmiths began to lend gold to pay first, then extending their own billestes that could be changed to gold at any time, with no doubt public confidence, and so was born the bench.

The goldsmith ceased to be a custodian of gold and silver to become a banker, spending even more time and seeing the wealth of the banker now many people came to think that gold had been spent, many demanded to see their gold and silver physically, the banker simply take them to the vault and could see a lot of gold but obviously an important part of it was borrowed and not there, but it eased the fear, but knowing depositors that their money was paid also began to demand the bank a fee for using their money and that’s how we became interested in the money in the bank.

With the above, the banker realized a new thing, it could issue more notes backed by gold but without it, ie imagine you have 100 gold coins and currency issued for each ticket: 100 tickets, each supported by a gold coin, people can go anytime and change your paper ticket for a gold coin, but because people trust the banker by tradition and because it is immensely rich simply never or almost never goes to the bank to cash your ticket just accept it and turn it later to pay and so the cycle is repeated, then the banker asked not to issue good because people will think 110 tickets had 110 gold coins but only has 100 but that people do not know, so I can issue those 110 tickets with no problem, so the banker will pay more money than none, and guess what: you will be charged interest on that money magic, after all can not wait to be done for nothing, is a hard work! the bank has to win.

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