Revolutions cover image

10.58- Inflation and Scarcity

Revolutions

CHAPTER

The Social Crisis That Driven the February Revolution

As inflation began to set in, the peasantry realized that growing things just to sell for paper money would soon be worthless. They voluntarily withdrew from market crops and focused on subsistence farm. The government's response to these two great issues of inflation and scarcity was utterly feeble. Both problems were greatly exasperated by the passively incompetent leadership from the government.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner