Did you know that John Law, a Scottish-born economist, played a pivotal role in the adoption of paper money in France? Through the Royal Bank, he helped transform the government's financial system by accepting deposits and issuing banknotes. Fascinating!
Transforming French Government Finances: Royal Bank and the Introduction of Paper Money!
https://youtube.com/shorts/ByxTJXECPrc?si=HyE3y_0tanj7Ukna
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