Fiat Money Inflation in France is as much about irrational human behavior as it is about financial crises and runaway inflation. White describes a disillusioned public who, under the influence of increasingly self-serving public officials and orators, accepted more and more assignant printings even though the perils of such printings had been documented throughout history and were then blatantly obvious right before their eyes. Andrew Dickson White presented this analysis of the runaway inflation in France to dissuade the ...
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Fiat Money Inflation in France is as much about irrational human behavior as it is about financial crises and runaway inflation. White describes a disillusioned public who, under the influence of increasingly self-serving public officials and orators, accepted more and more assignant printings even though the perils of such printings had been documented throughout history and were then blatantly obvious right before their eyes. Andrew Dickson White presented this analysis of the runaway inflation in France to dissuade the US Government of printing its own paper money. At the time, he was successful.
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Add this copy of Fiat Money Inflation in France to cart. $6.60, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2013 by Createspace Independent Publishing Platform.
Add this copy of Fiat Money Inflation in France to cart. $24.62, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2013 by CreateSpace Independent Publis.
Add this copy of Fiat Money Inflation in France to cart. $52.96, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2013 by CreateSpace Independent Publis.
This book by Andrew Dickson White was originally published in 1912. White was a historian, educator, diplomat and a scholar. The book traces the initiation and ultimate consequences of the paper money in revolutionary France in the 1790s.
It shows the devastating effects of a fiat money money program not only on the french economy but on the moral fiber of the nation. Probably the most interesting aspect of this book is the similarity of the arguments for a fiat money policy to those found in the monetary policy of the United States today. The disastrous consequences of such a policy are clearly shown. It's a reminder that those who ignore history are bound to repeat it.
