Babylon Invented Wall Street 4,000 Years Ago | And It Ended in Disaster
Автор: REAL ECONOMIC HISTORY
Загружено: 2026-02-10
Просмотров: 16
Описание:
#WallStreet #FuturesContracts #FinancialHistory #Babylon #FinanceDocumentary
Futures contracts were NOT invented by Wall Street.
They were invented 4,000 years ago in ancient Babylon.
In this video, you will learn the true history of futures contracts, how futures trading began in ancient Babylon, and why the first derivatives market was created to protect farmers — not speculators.
Long before Wall Street, Chicago exchanges, or modern finance, Babylonian merchants used futures contracts written on clay tablets. These ancient futures contracts included fixed prices, delivery dates, quality standards, penalties, and collateral systems — almost identical to modern futures trading.
This video explains:
The origin of futures contracts in ancient Babylon
How Babylonian futures trading worked
Why futures contracts were designed to reduce price risk for farmers
How speculation and leverage entered the market
The first recorded financial bubble and market crash
How Hammurabi’s Code regulated futures trading
Why Babylon’s financial system collapsed before the city fell
How ancient futures markets compare to modern Wall Street derivatives
Why this story explains modern financial crises like 2008
If you are searching for:
futures contracts explained,
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or economic history —
this video is for you.
Babylon invented futures contracts.
Babylon invented financial risk management.
Babylon experienced the first speculation crisis.
This is not just ancient history.
This is the origin story of modern finance and Wall Street.
📜 The tools changed.
📜 Human nature did not.
👍 Like the video if you enjoy financial history
🔔 Subscribe for more videos on ancient economies and modern finance
💬 Comment below: Were Babylonian merchants the first financial geniuses or the first speculators?
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⚠ Disclaimer: This video was made using AI tools. It is for educational and informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions. Trading and investing involve risk.
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