How Finance Broke a Kingdom: Debt, Assignats, and the Fall of France

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They didn’t storm the Bastille for ideals alone—they stormed it because the financial machine failed.
France borrowed too much, taxed the many to spare the few, and printed paper (assignats) until trust shattered. Prices soared, wages lagged, and bread riots lit the fuse. The revolution inherited an empty treasury and tried to fix it with more paper. Hyperinflation, controls, black markets—and terror—followed.
From Turgot and Necker to assignats and Napoleon’s Bank of France, this is the anatomy of a monetary collapse—and why the rhyme matters now.
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