
The King’s Gambit: DIY Declan, Trump’s Market Meltdown & Musk’s 18th-Century Twin
The David McWilliams Podcast
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John Law and the Evolution of Currency
This chapter examines the life and revolutionary ideas of John Law, a Scottish financier who dramatically influenced currency systems in Europe. It explores Law's belief in paper money as a means to stimulate economic growth, drawing parallels between historical financial schemes and contemporary economic challenges. The narrative highlights the cyclical nature of financial speculation and the impact of charismatic leaders on market perceptions.
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