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justforthearticles20 t1_it8es6u wrote

The Knights Templar set up that system and it made them so rich that the French King Philp IV and the Pope Clement conspired to steal it all.

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DogfishDave t1_it8me4r wrote

>it made them so rich that the French King Philp IV and the Pope Clement conspired to steal it all.

Well... the Knights Templar were effectively French, despite later retrocon that makes them an "English" bastion, and they made a great deal of wealth from ursury so the money was always in a legal limbo. Eventually, as you say, the cash was taken by the Crown and the Knights fell from favour.

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