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Watch Channel 4 UK Documentaries online: Episode 4 The Ascent of Money: [1of6] Dreams of Avarice

From Shylock's pound of flesh to the loan sharks of Glasgow, from the 'promises to pay' on Babylonian clay tablets to the Medici banking system, Professor Niall Ferguson explains the origins of credit and debt and why credit networks are indispensable to any civilisation.

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