It was written in 1912 by Andrew Dickensen White, a noted U.S. diplomat, economist and co-founder of Cornell university, about the 1791-1796 fiat currency crisis in France.
Extremely well written even capturing some of the actual political debates regarding moving from "species" money to paper money. Unfortunately it is almost comical as the government continually denied the negative economic impacts of the continued printing of Assignats.
Most interesting was the speculation that arose at the time.
Worth a read online or even better pickup a hardcopy
Excellent resource. _________________ "The world is changed... I feel it in the water... I feel it in the earth... I smell it in the air... Much that once was, is lost..." - Galadriel
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