How did finance become the realm of the masters of the universe? Through the rise of the bond market in Renaissance Italy. With the advent of bonds, war finance was transformed and spread to north-west Europe and across the Atlantic. It was the bond market that made the Rothschilds the richest and most powerful family of the 19th century. And today governments are asking it to bail them out.
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The Ascent of Money - 1x02 Human Bondage
- Poor
- Nothing special
- Worth watching
- Pretty cool
- Awesome
- Aired Nov 24, 2008
- Episode 1x02
- Show special No
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