πŸ“š Node [[2022-01-29]] ⟢ subnode @ryan/2022 01 29
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πŸ““ daily/20220129.md by @ryan

20220129

  • the great divergence, when the backwater of Europe overtook the Muslim world
  • the thing that changed the power relation between monarchs and financiers was public debt and interest bearing debt, which was pioneered in Spain
  • Spain could pay for this because of their new world conquests
  • Luther became popular because he found he was very suited for the medium of printing, which was good news for printing companies

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