TAILIEUCHUNG - BA N K I NG AND BU S INES S IN TH E ROMAN WORLD phần 7

Họ bán chúng lại cho Kho bạc công cộng hoặc Mint? Nếu một cuộc cải cách tiền tệ dẫn đến đồng tiền nào đó đang được rút khỏi lưu thông, họ chịu trách nhiệm cho việc thu thập và Livy có nhiều chuyện để nói về những khó khăn của kho bạc công khai trong giai đoạn này. | The interest rate 95 our documentation this makes it enormously complicated to try to work out how situations evolved in different sets of circumstances. The rate of interest would vary firstly depending on the personality of the lender and that of the borrower. Two of Cicero s letters provide a good illustration of the difficulties that this could provoke. In 62-61 B c Cicero was trying to borrow money as he had bought a house on the Palatine. In December 62 he wrote that money at 6 per cent could easily be found and that in any case he was a bonum nomen in the eyes of moneylenders because during his consulate at the time of Catiline s conspiracy he had pursued policies that favoured their Less than one month later at the very beginning of January 61 he wrote that Q. Caecilius was not advancing loans at less than 12 per cent even to those close to Taking into account Cicero s personality and Q. Caecilius Billeter s conclusion is that the interest rate had in fact probably not changed between December and January. The difference the doubling of the rate was due to the identities of the lender and the I cannot go along with him all the way here I think that the interest rate did increase in the last weeks of 62. All the same the difference could certainly be explained in part by the prestige of Cicero and the greed of Caecilius. Pliny the Younger explained to Trajan that interest rates being equal the Bithynians preferred to borrow from private funds rather than from public ones 29 so in order to invest their money the public authorities were forced to lower their interest rate. Another point the borrowing rate of money invested in foundations was normally very low as it was important that the foundation s capital should be continuously invested. In practice however one comes across some foundations that charged 12 per cent. Was such a rate a consequence of imprudent investment on the part of the founder Or did it correspond to .

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