Ep 15: Controlling Credit (with Eric Monnet)
Library of Mistakes
00:00
The Importance of Quantitative Control in France After the War
Financial markets really played very little role in France after the war, whether that was a bond market or the equity market. So the person who controlled the bank controlled most things. Financial markets even in France are much bigger, not at both the equity market and the bond market. There's going to be a bigger issue of control if we get there.
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