Birth Certificates & Bills of Exchange: The Hidden Roots of Modern Debt Law

In this segment, the speaker breaks down the connection between old merchant law (Lex Mercatoria) and today’s financial system. Your birth certificate may have unknowingly placed you into the world of commerce, turning every transaction into a bill of exchange, a centuries-old instrument that defines who owes whom, how much, and when.

Behind the complexity of banking and securitization lies a simple principle: every financial product is just an evolved bill of exchange. Discover how ancient commercial law quietly shapes modern debt, identity, and ownership.