Ponte Vecchio

Ponte Vecchio

over the Arno River in Florence boasts goldsmiths today
from its presumed building during Roman times and its first mention
in literature before the year 1000. It may be that the term ‘bankrupt’
originated here in this thriving city of the Medici, money and mercantilism.
“… when a money-changer could not pay his debts, the table on which he sold his wares (the “banco”) was physically broken (“rotto”) by soldiers, and this practice was called “bancorotto” (broken table; possibly it can come from “banca rotta” which means “broken bank”). Not having a table anymore, the merchant was not able to sell anything…”
“For the love of money…”



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