– So What Does it all Mean?
Intergenerational Wealth….. so what……?
The importance Between Exchange and Wealth
The History of Banking begins with the first prototype banks of merchants of the ancient world, which made grain loans to farmers and traders who carried goods between cities. This began around 2000 BC in Assyria and Babylonia. Later, in ancient Greece and during the Roman Empire, lenders based in temples made loans and added two important innovations: they accepted deposits and changed money. Archaeology from this period in ancient China and India also shows evidence of money lending activity.
Banking, in the modern sense of the word, can be traced to medieval and early Renaissance Italy, to the rich cities in the north such as Florence, Venice and Genoa. The Bardi and Peruzzi families dominated banking in 14th century Florence, establishing branches in many other parts of Europe. Perhaps the most famous Italian bank was the Medici bank, established by Giovanni Medici in 1397. The oldest bank still in existence is Monte dei Paschi di Siena, headquartered in Siena, Italy, which has been operating continuously since 1472.
By the end of the 16th century and during the 17th, the traditional banking functions of accepting deposits, moneylending, money changing, and transferring funds were combined with the issuance of bank debt that served as a substitute for gold and silver coins.
New banking practices promoted commercial and industrial growth by providing a safe and convenient means of payment and a money supply more responsive to commercial needs, as well as by "discounting" business debt. By the end of the 17th century, banking was also becoming important for the funding requirements of the combative European states. This would lead on to government regulations and the first central banks. The success of the new banking techniques and practices in Amsterdam and London helped spread the concepts and ideas elsewhere in Europe.
The first bank to begin the permanent issue of banknotes was the Bank of England in 1695
The Industrial Revolution and growing international trade increased the number of banks, especially in London. At the same time, new types of financial activities broadened the scope of banking far beyond its origins. The merchant-banking families dealt in everything from underwriting bonds to originating foreign loans. These new "merchant banks" facilitated trade growth, profiting from England's emerging dominance in seaborne shipping. Two immigrant families, Rothschild and Baring, established merchant banking firms in London in the late 18th century and came to dominate world banking in the next century.
The Rothschild family pioneered international finance in the early 19th century. In 1804, Nathan Mayer Rothschild began to deal on the London stock exchange in financial instruments such as foreign bills and government securities.
From 1919 to 2004 the Rothschilds' Bank in London played a role as place of the gold fixing. From Wikipedia
The “so what?” is……. for over 4 000 years, individual Humans, whole countries, and now the entire Human Biosphere have been studying Storage and Retrieval Systems and Processes.
The study of the FLOW of ENERGY and ways of storing the ENERGY to allow for it to last longer and distribute over greater SPACE and TIME has now moved beyond the Field of just Science to the now Omni-Social-Physics.
Omni-Social-Physics: is the study of social behaviour, its origins, development, organization, institutions inside of countries and outside to the Biosphere and beyond to Universe. The study of cultures, countries, economics, Biosphere and Universe principles of:
“-Storage-Retrieval-Restore-Exchanges-Systems/Processes+”
“ - Entropy- Anti-Entropic-
Syntropic+”
It is the social sciences that uses various methods of empirical investigation and critical analysis to search for meaning and the Relationships and Interrelationships of the Between-Ness of the
Omni-Around-Ness of SPACE and TIME
Omni: all
Social: Humanity and the Human-to-Human Interactions between all happenings at Omni-Levels of:
“-ENERGY-SPACE-TIME+”
THE
“-BETWEEN-NESS+”
Physics: the scientific study of matter, Energy, Force, and Motion, and the way they relate to each other.
Entropy: a measure of the ENERGY in a System/Process that is unavailable to do work. It is what is left-over after Energy is Exchanged. In all Energy Events, there is always something left-over. It is what‘s leftover that is the potential Wealth (Gravity).
Syntropy: (In my definition) is ENERGY Radiating OUT, flowing away from, always from Hot to Cold.
Anti-Entropy: Is the magic of Humans in Universe, the ability of Humanity to domesticate inside the Earth’s-Biosphere using Omni-Universe Principles, thus prolonging and creating Ever More SPACE with Ever Less ENERGY (EMEL)
I’m a business guy who does a load of study in Semantics, Psychology, and Science then applies them to my business circumstance.
For over 400 years on this planet, there has been a storage/retrieval System/Process called MONEY. Really, it is just an exchange idea that copies the Universe principles.
“-Entropy/Syntropy the Between-ness Anti-Entropy+” EMEL
Money and Business are now a science because of all of the moving parts that must be tamed (domesticated).
Omni-Social-Physics
Here is a Map I have drawn to give a digital picture of my thoughts:
I’m an R. Buckminster Fuller student who studies the geometry of thought. As a student, I know I have to always start with my biggest whole thought and then divide it into all the component parts.
My skill is building small businesses. For whatever reason, I have been successful to the levels I have wanted to be. I’m probably most of all an Autodidactic (self-taught) learner, which is my real passion….. “The Why of Anything”. My business success has allowed me the grace to study what I like when I like. Over the next months, I will endeavour to make sense of this big thought of “-Energy-Exchange-Store-Retrieve+” and how it relates to the Science of Business and the importance of Omni-Social-Physics to your life over the next 100 years.
Next week, we will look at the difference between Job and Work…Self Esteem and Meaning.
Until Then, JDS OUT!_!
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