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 http://www.theunjustmedia.com/Banking%20&%20Federal%20Reserve/A_brief_history_of_banking.htm   A Brief History of Banking     "Let me issue and control a nation's money and I care not who writes the laws" - Amshall Rothschild In the recent era, the story of "the elite" commences with the development of the modern banking system in Middle Ages Europe. At that time, disposable wealth was usually held in the form of gold or silver bullion. For safety, such assets were kept in the safe of the local goldsmith, he usually being the only individual who had a vault on his premises. The goldsmith would issue a receipt for the deposit and, to undertake financial transactions, the buyer would withdraw his gold and give it to the seller, who would then deposit it again, frequently with the same goldsmith. As this was a time-consuming process, it became common practice for people to simply exchange smiths' recei