4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP505: The Price of Time w/ Edward Chancellor

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The French Economy After the Death of Louis XIV

Law's scheme was in many ways designed to alleviate the French nobles that were heavily indebted for us. He encouraged people to think that you can use money to dispel your economic problems. But it would appear a consequence of that is that you depreciate the value of your currency, as we're experiencing again today.

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