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Encore: The Rise and Fall of the Medici Bank

Tides of History

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The Banking Genius of the Medici: Wealth, Power, and Political Intrigue

This chapter delves into the banking innovations of the Medici Bank, particularly the use of bills of exchange in European trade. It examines how the family's financial prowess intertwined with Florence's political and cultural revival under Cosimo de' Medici, while foreshadowing the challenges that led to their decline.

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