The Economy of the French Revolution
Автор: Financial History Guy
Загружено: 2025-10-31
Просмотров: 8
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We remember the French Revolution for the guillotine and cries for liberty, but the true spark of the rebellion wasn't political ideology—it was the price of bread. This video uncovers the catastrophic financial meltdown that brought the French monarchy to its knees. We explore how a glamorous kingdom, drowning in debt from financing the American Revolution, was propped up by a brutally unfair tax system that crushed the poor and exempted the rich. This is the story of how an economic crisis spiraled into a political firestorm that would change the world forever.
Discover the revolution's desperate and disastrous attempt to solve its money problems by seizing church lands and creating a new paper currency, the assignat. We'll show you how this grand financial experiment devolved into one of history's most devastating hyperinflations, leading to food riots, black markets, and ultimately, the brutal violence of the Reign of Terror. This is a timeless lesson in how a broken financial system can unleash chaos and how quickly economic desperation can lead to radical, bloody change.
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