The Bank of France, which sixteen years ago could raise 45 billion gold francs in a very short time, is now facing the risk of collapse due to the issuance of an additional 300 million francs in paper currency.
No matter how you think about it, it's an impossible scenario.
The only possibility is that Count Algou himself does not want to see the reserves stored in the Bank of France diluted.
After all, even if only a small portion of people convert their paper currency into gold, it would still be a significant amount.
Count Algou is very afraid that the paper currency will become worthless like the Certificates of the revolutionary government due to the government's excessive issuance.
The Great French Revolution impacted not only French politicians but also some of the old banker families.
