Send us a text In 1790, revolutionary France thought it had solved its financial crisis by printing a new kind of paper money — the Assignat — backed by confiscated church land. Within five years, it destroyed the French economy, vaporized the middle class, and set the stage for dictatorship. In this episode, Arie Van Gemeren breaks down the world’s first great fiat collapse — how the Assignat began as “secured money” and ended as worthless paper — and what it teaches investors about modern i...
All content for The Timeless Investor Show is the property of Arie van Gemeren and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Send us a text In 1790, revolutionary France thought it had solved its financial crisis by printing a new kind of paper money — the Assignat — backed by confiscated church land. Within five years, it destroyed the French economy, vaporized the middle class, and set the stage for dictatorship. In this episode, Arie Van Gemeren breaks down the world’s first great fiat collapse — how the Assignat began as “secured money” and ended as worthless paper — and what it teaches investors about modern i...
The Panic That Birthed the Fed: JP Morgan, Jekyll Island, and the Secret Origins of the Federal Reserve
The Timeless Investor Show
18 minutes
1 week ago
The Panic That Birthed the Fed: JP Morgan, Jekyll Island, and the Secret Origins of the Federal Reserve
Send us a text In October 1907, the U.S. banking system imploded overnight. Knickerbocker Trust collapsed, panic spread through New York, and the entire American economy teetered on the edge of destruction. Only one man could stop it—J.P. Morgan, a private citizen wealthier than the U.S. Treasury. For three weeks, Morgan personally decided which banks lived and which died, locking financiers in his library until they agreed to save the system. From the ashes of that crisis came somethi...
The Timeless Investor Show
Send us a text In 1790, revolutionary France thought it had solved its financial crisis by printing a new kind of paper money — the Assignat — backed by confiscated church land. Within five years, it destroyed the French economy, vaporized the middle class, and set the stage for dictatorship. In this episode, Arie Van Gemeren breaks down the world’s first great fiat collapse — how the Assignat began as “secured money” and ended as worthless paper — and what it teaches investors about modern i...
