The Prints and the Pauper
September 2, 2016
In 1450, Johannes Gutenberg entered into an agreement with one Johann Fust, a Mainzer goldsmith and guildsman, to borrow a staggering 800 Rheingulden at 6 percent interest. Gutenberg’s sales pitch must have been convincing, for Fust would later testify that he himself had borrowed money in order to fund the loan. Gutenberg sank the money […]