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The Euro w. Harold James of Princeton
Episode 1225th July 2023 • Riches and Power • Alex Doubet
00:00:00 00:57:04

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Imagine, or perhaps think back, to a Europe in which each country had a different currency. In Germany you bought things with the Deutschmark, but cross the border into France and you’d have to use the French franc, and further still in Spain you’d be buying things with Spanish peseta. Currencies are omnipresent in the modern day and permeate commerce, government, and psychology in equal measures. We value things in a currency with which we have the most familiarity, and gigantic infrastructures have been built up to ensure that currencies are valued and exchanged in real time throughout the world. Join us as we explore the creation of the euro and learn about the history of the second-largest reserve currency on earth. 




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