1792 ⟶ Government Issues Massive Assignats for War Funding

April 30: The government issues three hundred million assign...

Year

1789

1792

💰 Assignats Introduced as Currency

December 19: Introduction of the assignat, a form of currency based not on silver, but on the value of the property of the Church confiscated by the State.⟶

currencyassignatsFrench Revolutioneconomic policyconfiscationchurch propertyfinancial crisispaper moneyinflationrevolutionary finance

💱 Government Issues Massive Assignats for War Funding

April 30: The government issues three hundred million assignats to finance the war.⟶

AssignatsCurrencyWar FinanceInflationFrench RepublicRevolutionary GovernmentEconomic PolicyWar of the First CoalitionDebt