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Nicholas Barbon is here to help England recover from disaster... and make obscene amounts of money. Who says you can't do both?

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The History of Paper Money - III: Barebones Economy - Extra History

Poor England. First Charles I and civil war, then losing to the French, then the Great Fire of London in 1666. Luckily, Nicholas Barbon comes along to help. And make obscene amounts of money. Who says you can't do both? Support us on Patreon! http://bit.ly/EHPatreon (--More below) Grab your Extra Credits gear at the store! http://bit.ly/ExtraStore Subscribe for new episodes every Saturday! http://bit.ly/SubToEC Play games with us on Extra Play! http://bit.ly/WatchEXP Talk to us on Twitter (@ExtraCreditz): http://bit.ly/ECTweet Follow us on Facebook: http://bit.ly/ECFBPage Get our list of recommended games on Steam: http://bit.ly/ECCurator ____________ ♪ Get the intro music here! http://bit.ly/1EQA5N7 *Music by Demetori: http://bit.ly/1AaJG4H ♪ Get the outro music here! http://bit.ly/23isQfx *Music by Sean and Dean Kiner: http://bit.ly/1WdBhnm

Comments

MasterAce

This episodes are so awesome! And it's very nice to learn about how paper money came to be. Oh, hey! My name is in the sponsors list finally!

Zachary Weiss

In "mercantilism" emphasis is on the second syllable: "merCANtilism"

Timothy McLean

Helping England recover from disaster and making a boatload of profit in the bargain? It sounds like Barbon was Walpole's childhood hero.

Matt Collins

I really hope this series doesn't skip over the tally sticks. They were a fascinating form of intermediate fiat money that embody one of the foundations of paper money (that it has some value since it's accepted by the gov't for payment of taxes).

Matt Collins

I really hope this series doesn't skip over the tally sticks. They were a fascinating form of intermediate fiat money that embody a lot of what was going on with early currency ... and in the end they actually caught on fire and burned parliament to the ground. An amazing part of the story. Something I wrote a while ago on tally sticks: <a href="http://beforeitsnews.com/alternative/2012/03/the-secret-history-of-government-debt-tally-sticks-1859854.html" rel="nofollow noopener" target="_blank">http://beforeitsnews.com/alternative/2012/03/the-secret-history-of-government-debt-tally-sticks-1859854.html</a>

ExtraCredits

Damnit, Tim! <3 Also mispronunciation is Daniel's schtick. I once called him (an American) out for pronouncing "granary" the British way and he told me it wouldn't be fair if he didn't mispronounce every culture's words equally.

ExtraCredits

I'm afraid we do skip over tally sticks, but thank you for posting your article about them!

ExtraCredits

Yes, sorry about that! When I left I forgot to instruct the team to keep an eye on our Patreon list for new sponsors. :( Thank you for being patient with us about it, though!

ExtraCredits

We've all been basking in that name since James first sent us the script. It is amazing.

ExtraCredits

Oh, just you wait till next week. We're going to meet a fellow that James has wanted to talk about ever since the South Sea series... he wasn't directly involved in that, but his hijinks are going to seem miiighty familiar.

Michael Waisfeld

I'm still saying it was Walpole. It's always Walpole.

Marcus Berg

Barbon a.k.a. Walpole the 2nd, Walpole II, or Walpole and the Chamber of Secrets

ExtraCredits

I mean, he was certainly behind it all, just as he's behind literally everything that has ever happened in the course of human history. So technically correct.

Nessf

It wouldn't surprise me to find out that Mr Barbon was Mr. Blunt's childhood hero. He died less than 20 years before the whole south sea bubble - long enough for Mr Blunt to have read and understood what Mr Barbon was talking about. And boy oh boy do Mr Blunt's plans strike me as the dealings of a man who understands that money is a sort of shared dream, not just gold or silver in a vault somewhere.

chamillitary

>pic related, my face after discovering glory of non-YouTube extra credits comment section