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The Monetary Union That Collapsed
Автор: Economic Storyteller
Загружено: 2025-12-18
Просмотров: 2
Описание: In the late 19th century, Europe attempted something revolutionary: a shared monetary system built on common coin standards. Known as the Latin Monetary Union, it promised stability, trust, and seamless trade across borders. Instead, it became a case study in asymmetric incentives, coinage arbitrage, and the fragile nature of monetary trust. This documentary explores how identical rules produced unequal outcomes—and why Europe’s first “Euro” collapsed long before the modern one existed.
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