VoyForums
[ Show ]
Support VoyForums
[ Shrink ]
VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5 ]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 20:33:36 4/26/23 Wed
Author: Jasper
Subject: Martin Armstong post

.
and by 1301 there was virtually no silver remaining in the open market in France. Currency depreciation let Philip cover the cost of the war but it destroyed the credit of France and that ultimately led to France seizing the Papacy and strip-mining all its assets moving the Church to Avignon where a French Pope was installed. They then seized all the assets of the Knights Templar and burned all resistance alive. The Knights Templar were effectively an international transfer agent. If you were in France and needed to pay someone in Italy, you gave the money to the local office in France and they instructed the brank in Italy to pay. It was a 13th-century version of a wire transfer service. That is why the French crown seized the Knights and strip-mined all their wealth as well.

Obviously, this banking crisis of 1298 was far beyond anything most people would have read about in a financial crisis. This is what I mean when I warn that those in power will do WHATEVER it takes to retain power, and religion never means anything at the end of the day.

https://www.howestreet.com/2023/04/the-banking-crisis-of-all-time/

[ Next Thread | Previous Thread | Next Message | Previous Message ]

[ Contact Forum Admin ]

Forum timezone: GMT-5
VF Version: 3.00b, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2019 Voyager Info-Systems. All Rights Reserved.