Fiat Money Inflation in France, How It Came, What It Brought and How It Ended

About this film

LibriVox recording of Fiat Money Inflation in France, How It Came, What It Brought and How It Ended by Andrew Dickson White. Read in English by LibriVox Volunteers. The story of "Fiat Money Inflation in France" is one of great interest to legislators, to economic students, and to all business and thinking men. It records the most gigantic attempt ever made in the history of the world by a government to create an inconvertible paper currency, and to maintain its circulation at various levels of value. It also records what is perhaps the greatest of all governmental efforts — with the possible exception of Diocletian's — to enact and enforce a legal limit of commodity prices. Every fetter that could hinder the will or thwart the wisdom of democracy had been shattered, and in consequence every device and expedient that untrammelled power and ururepressed optimism could conceive were brought to bear. But the attempts failed. They left behind them a legacy of moral and material desolation and woe, from which one of the most intellectual and spirited races of Europe has suffered for a century and a quarter, and will continue to suffer until the end of time. There are limitations to the p…

Directors & creators

Andrew Dickson White

Subjects

librivox; audiobooks;economics; money; assignats; paper money; fiat currency

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