As the world continues to struggle to find its footing amid rising unemployment, constricted credit, and crumbling banks and industries — raising questions about how the economic system collapsed — PBS presents Niall Ferguson’s ASCENT OF MONEY. This ground-breaking series examines the creation of the economic system by taking viewers on a global trek through the history of money.
Watch the video below and answer the following question by writing a minimum of 250 words using APA style format.
How does a loan, such as a credit card, compare with the early forms of credit and interest you saw in the medieval Italian banks?