How France Printed Itself to Death | The Assignat Disaster Explained
Автор: The Financial Historian
Загружено: 2025-11-10
Просмотров: 33
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How France Printed Itself to Death | The Assignat Disaster Explained
In 1789, France tried something bold — printing a new kind of money backed by land, not gold. They called it the Assignat.
What started as hope soon turned into hyperinflation, starvation, and revolution. Within years, bread cost hundreds of notes, fortunes vanished overnight, and trust in paper money collapsed forever.
This is the real story of how France printed itself to death, and the terrifying lessons that echo into our world today.
0:00 – The Birth of the Assignat
1:45 – The Illusion of Prosperity
3:20 – Inflation Takes Over
5:10 – The Reign of Terror
6:45 – Collapse of Trust
8:00 – Modern Parallels: Are We Next?
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