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The Silk Road’s First Global Bankers
Long before the banks of London or Amsterdam, a merchant network spanning from Samarkand to Chang’an operated on letters of credit and joint ventures. This episode explores the Sogdian economy, focusing on the Patikar system and the archaeological evidence found in Panjikent and Dunhuang. We examine how these Central Asian traders managed risk across empires, maintained diplomatic ties with the Tang Dynasty, and built the first true global supply chain. Through artifacts like wooden receipts and painted murals, we see the human side of commerce—debts, disputes, and the sheer ambition that…
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