LibreyaLibreya
Fiat Money Inflation in France: How it Came, What it Brought, and How it Ended book cover

0 readers

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

by Andrew Dickson White

Category: Fiction

Status: Available

Source: Public Domain — Project Gutenberg

About This Book

"Fiat Money Inflation in France: How it Came, What it Brought, and How it Ended" by Andrew Dickson White is a historical account written during the early 20th century. The book delves into the catastrophic impacts of the French government's experiments with fiat money during the Revolution, exploring the political and economic ramifications that stemmed from such a radical monetary policy. The opening of the work introduces White's extensive collection of documents from the period just before the Civil War, which formed the backbone of his lectures on the topic of paper money inflation in France. He reflects on the growing demand for paper currency in France during the Revolution as the nation grappled with financial instability and heavy debt. Key figures such as Finance Minister Necker emerge as staunch opponents of inflationary policies, foreshadowing the discussions and debates that led to the ultimate decision to issue irredeemable paper currency. White emphasizes that the alluring yet misguided belief in paper money as a remedy for economic woes ultimately catalyzed significant devastation, foreshadowing the dire consequences that would follow. (This is an automatically generated summary.)

📢Advertisement

Preview

Produced by Gordon Keener

FIAT MONEY INFLATION IN FRANCE

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

by Andrew Dickson White, LL.D., Ph.D., D.C.L.

Late President and Professor of History at Cornell University; Sometime United States Minister to Russia and Ambassador to Germany; Author of "A History of the Warfare of Science with Theology," etc.

INTRODUCTION

As far back as just before our Civil War I made, in France and elsewhere, a large collection of documents which had appeared during the French Revolution, including newspapers, reports, speeches, pamphlets, illustrative material of every sort, and, especially, specimens of nearly all the Revolutionary issues of paper money,--from notes of ten thousand livres to those of one

... (scroll to read more)

About This Edition

This edition of Fiat Money Inflation in France: How it Came, What it Brought, and How it Ended by Andrew Dickson White is catalogued on Libreya under Fiction and runs approximately 26,008 words — about 130 minutes of reading at an average pace. It is sourced from Project Gutenberg, the world's oldest digital library of public domain literature, founded in 1971 by Michael Hart, and every text on Libreya has been verified to be free of copyright restrictions in the United States. You can view the original Project Gutenberg edition here.

On Libreya, the text has been carefully formatted for comfortable reading on any screen — with consistent chapter navigation, adjustable font sizes, and four reading themes: light, sepia, dark, and night mode. Your reading position is saved automatically when you sign in, so you can pick up exactly where you left off across any device. The original text has not been altered in any way; what you read here is the same work as it appeared in its original published form.

About Classic Fiction

Classic fiction represents the highest achievements of literary imagination. The novels in this genre have shaped how generations of readers understand human nature, society, and the fundamental questions of existence. Reading 19th and early 20th-century novels offers far more than historical interest: these stories explore love, ambition, morality, and identity with an insight that remains startlingly relevant today. Authors like Tolstoy, Dostoevsky, Austen, Hardy, and Dickens wrote for readers much like us — people trying to make sense of a complicated world — and their observations on class, relationships, power, and conscience carry across centuries with barely diminished force. Classic fiction is also where the novel as an art form reached some of its greatest heights: innovative narrative structures, deeply realized characters, and prose styles that reward slow, attentive reading. These are not museum pieces. They are living works that continue to be discussed, adapted, and argued over because they capture something essential and enduring about human experience.

More Fiction Classics

We use cookies for analytics and advertising to keep Libreya free. Privacy Policy