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by johnohara 1276 days ago
This article was an interesting (and quick) read. Thanks for posting it.

FTA: Few regulators have been quite as ardent as King Philip IV of France. ... He owed money to the Templars, and they refused to forgive his debts. ... the last grandmaster of the Templars, Jacques de Molay, was brought to the centre of Paris and publicly burned to death.

Which is a novel way to default on your loan, close your account, and start doing business with Florentine Franzesi bankers.

The royal treasure was transferred from the Paris Temple to the Louvre around this time.

In other words -- he seized the Templars assets.

It's against this backdrop that the wikipedia page on Philip IV of France achieves renewed vitality and is worth perusing.

https://en.wikipedia.org/wiki/Philip_IV_of_France