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Cover image for book Dangerous and Dishonest Men: The International Bankers of Louis XIV's France

Dangerous and Dishonest Men: The International Bankers of Louis XIV's France

By:G. Rowlands
Publisher:Springer Nature
Print ISBN:9781137381781
eText ISBN:9781137381798
Edition:0
Copyright:2015
Format:Reflowable

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At the start of the eighteenth century Louis XIV needed to remit huge sums of money abroad to support his armies during the War of the Spanish Succession. This book explains how international bankers moved French money across Europe, and how the foreign exchange system was so overloaded by the demands of war that a massive banking crash resulted.