John Law believed that ________.

Question

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John Law believed that an increase in the paper-money supply would stimulate France's economic recovery. He argued that paper money was more flexible than gold and that by increasing the money supply, more investment and commerce could be facilitated. Law was a key figure in the creation of the Banque Royale and the Mississippi Company, which issued paper money and helped fuel France's economic growth during the early 18th century. However, this expansion eventually led to a financial bubble and collapse known as the Mississippi Bubble.

John Law Believed That ________