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Rise of the Credit Market

Rise of the Credit Market. Fredrik Walstam. “Despite our deeply rooted prejudices against 'filthy lucre', money is the root of most progress. To adapt a phrase from Jacob Bronowski , the ascent of money has been essential to the ascent of man.”.

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Rise of the Credit Market

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  1. Rise of the Credit Market Fredrik Walstam

  2. “Despite our deeply rooted prejudices against 'filthy lucre', money is the root of most progress. To adapt a phrase from Jacob Bronowski, the ascent of money has been essential to the ascent of man.”

  3. “The study of modern history is simply inseparable from the study of economic history” -Niall Ferguson

  4. “The world has reached the stage where individuals with brilliant ideas are able to develop and share their new initiatives and this in turn attracts investors who are capable of financing the idea to such an extent that it can be spread across the world. In such a market, one can easily understand the rapid growth in technology in the recent decades. The modern global system now makes it possible for many nations to use their financial resources and increasing monetary supply to vastly improve their society’s standard of living.”

  5. Challenges • Criticism • Communication • Writing • Topic

  6. Future/Conclusion • General knowledge and English • Essay writing • Major

  7. Thank you • Mr. Aldrege • Mrs. Parkes • My parents • And….Myself

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