Bernard Lietaer writes, ‘We know money systems were already developed in the Sumerian culture around 3,200 B.C., and quite sophisticated banks had developed as well. In fact, people learned to write not for the purpose of writing love letters, but to do accounting. The oldest texts we have are bank accounts, and they date back to 3,100 B.C. It’s very interesting that several cultures around the world actually began using money before beginning to write… and actually began writing because of the money, not the reverse.
The oldest bank we know of was Babylonian and was incorporated in 700 B.C. The scholar who worked on that particular decoding concluded that we haven’t done anything in 19th and 20th century banking that they weren’t already doing. So banking is a very, very old concept.”
In my own research I think it started much earlier than the above comments. The way money started was monkeys exchanging coconuts, bananas and mangos…. Hard cash: coconuts. Soft cash: bananas and mangos …etc. Notice money and monkey are similarly spelled. So, this early money was known as Monkey Money (thus Monkey Business). It is strange that the Banker Monkeys always had more coconuts than the regular monkeys. Our early ancestors were bankers with tails and a lot of that has not changed much over the centuries either.
“Do not store up for yourselves [material] treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where neither moth nor rust destroys, and where thieves do not break in and steal.” Jesus