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SideQuest - Animated History | How to Steal a Central Bank @SideQuestYT | Uploaded July 2022 | Updated October 2024, 16 minutes ago.
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A century ago, many central banks across the world were owned privately. Then came along a Portuguese man called Alves Reis, who tried to buy the Bank of Portugal with fraudulent currency, hoping to legitimize his fraud after acquiring a controlling stake. His plan almost worked... until he was discovered, crashing the Portuguese economy and ushering in 50 years of dictatorship. Oops.

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Further Reading:

“Devouring the Heart of Portugal” by Alan Bellows - damninteresting.com/devouring-the-heart-of-portugal
“The Portuguese Banknote Case” by Nigel Armstrong-Flemming - bhsportugal.org/uploads/fotos_artigos/files/PortugueseBanknoteCase.pdf
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