Back in the Middle Ages,the only safe place to put your money was

Question

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During the Middle Ages, there were no government-backed Treasury bills or stable financial institutions like banks. Therefore, the only option for keeping one's money safe was to entrust it to goldsmiths' safes. These safes were highly secure and well-guarded, which made them an ideal choice for storing valuables and currency. Real estate was not a practical investment option for most people during this time, and commodity futures trading did not exist in the way it does today.

Back in the Middle Ages,the Only Safe Place to Put