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Andrew Dickson White

Fiat Money Inflation in France

How It Came, What It Brought, and How It Ended

Buch

In 1790 the French people, by general acquiescence, embarked upon what they believed to be a harmless experiment in currency inflation. The results of this action are vividly described in Dr. Andrew D. White's book entitled Fiat Money Inflation in France - How It Came, What It Brought and How It Ended. Legislatures are as powerless to abrogate moral and economic laws as they are to abrogate physical laws. They cannot convert wrong into right nor divorce effect from cause, either by parliamentary majorities, or by unity of supporting public opinion. The penalties of such legislative folly will always be exacted by inexorable time. While th… Mehr

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Produktdetails

  • ISBN: 978-1-4102-0583-4
  • EAN: 9781410205834
  • Produktnummer: 38235137
  • Verlag: University Press Of The Pacific
  • Sprache: Englisch
  • Erscheinungsjahr: 2003
  • Seitenangabe: 80 S.
  • Masse: H22.9 cm x B15.2 cm x D0.4 cm 131 g
  • Abbildungen: Paperback
  • Gewicht: 131

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