Belleten Dergisi Posts
You can find Belleten Dergisi books, Belleten Dergisi quotes and quotes, Belleten Dergisi authors, Belleten Dergisi reviews and reviews on 1000Kitap.The history of the Medici Bank is quite clear that their loans to the royalty, traders, nobles, etc. were purely based on interest or usury. How did the Medici Bank keep the sin of usury away from its massive wealth accumulation by charging interests not only on its wealth but also on the wealth that it held for the Roman Church itself?
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The unique nature of the Medici Bank in terms of its trade is not so much about money or commodities that it controlled all over Europe; it was the Bank's ability to trade in politics.
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The link between the Medici family and the Roman Church was not only through financial instruments. In the correspondence between Cosimo de Medici and the Papacy, which is addressed as the Duke of Florence, a diplomatic process which is much intertwined is also significant.
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There are many historical reasons that have been debated for the decline and final collapse of the Medici Bank. The most potent reason emerges in the form of the English Monarchy's large debt owed to the Medici Bank's London branch and the ultimate default by the British Royalty leading to the imposition of severe sanctions on the businesses linked with the Medici Bank.
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The influence of Ibn Rushd or Averroes on Christian scholars who revived the Greek Philosophy in Europe is noteworthy
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The fact that the crucial role played by the Medici family through their protection and patronage of Pro-Platonian scholars and artists ensured that the ancient Greek Philosophy was nurtured and protected from the powerful Roman Church which deserves a deeper insight.
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