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Everything Everywhere Daily

The Bank of England

Everything Everywhere Daily

Gary Arndt

History, Education

4.81.8K Ratings

🗓️ 11 August 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

In the late 17th century, King William III of England was facing a problem.  He was in the middle of a prolonged war with France. He was in desperate need of money, and he had exhausted most of the traditional sources for funding a war. A proposal came forward for a new bank that could lend the crown money at favorable interest rates, and also solve several problems for merchants in the country.  Learn more about the Bank of England, one of the most important banks in history, on this episode of Everything Everywhere Daily. Sponsors Newspapers.com Get 20% off your subscription to Newspapers.com Quince Go to quince.com/daily for 365-day returns, plus free shipping on your order! Mint Mobile Get your 3-month Unlimited wireless plan for just 15 bucks a month at mintmobile.com/eed Jerry Compare quotes and coverages side-by-side from up to 50 top insurers at jerry.ai/daily. Subscribe to the podcast!  https://everything-everywhere.com/everything-everywhere-daily-podcast/ -------------------------------- Executive Producer: Charles Daniel Associate Producers: Austin Oetken & Cameron Kieffer   Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere Discord Server: https://discord.gg/UkRUJFh Instagram: https://www.instagram.com/everythingeverywhere/ Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily Twitter: https://twitter.com/everywheretrip Website: https://everything-everywhere.com/  Disce aliquid novi cotidie Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

In the late 17th century, King William III of England was facing a problem. He was in the

0:05.0

middle of a prolonged war with France, was in desperate need of money, and had exhausted most of the

0:10.3

traditional sources for funding a war. A proposal came forward for a new bank that could lend the

0:16.5

crown money at favorable interest rates and also solve several problems for the merchants in

0:21.2

England. Learn more about the Bank of England, one of the most important banks in world history

0:26.6

on this episode of sponsored by Jerry.

0:44.7

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...

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