The “Cheque Fraud” That Built the City of London’s First Skyscraper
Автор: Financial Core
Загружено: 2026-01-16
Просмотров: 7
Описание:
Most people assume skyscrapers are built with solid money and careful planning — but London’s first one wasn’t.
In this video, we explore the surprising economic history behind how cheque-based finance helped build the City of London’s first skyscraper long before modern banking systems existed. Using real historical examples, we break down how cheque money, delayed settlements, and financial trust allowed massive construction projects to move forward without actual cash on hand.
This story reveals how early financial systems shaped urban growth, why abstract money changes human behavior, and how economic incentives often matter more than regulations. Along the way, you’ll see how similar financial dynamics still influence modern markets, real estate bubbles, and credit-driven growth today.
If you’re interested in economic history, financial systems, and how money really works behind the scenes, this video shows why understanding incentives matters more than trusting appearances.
#Economics
#EconomicHistory
#Finance
#Banking
#Money
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