AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Johannes Wiegand on Bimetallism and Monetary Stability
IMF Podcasts
The Impact of Metallism in the World
After the French Revolution, France didn't want to hold paper money. Many other countries based their currencies on gold or silver but in reality there were two kinds of checks to one another which were backed by gold and silver. In France people really used species as we say so metal coins as means of payment and therefore a large share I think it's a quarter about a quarter of the global share in metal currency actually was circulating in France for most of the 19th century.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode