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Fiat Money Inflation in France (免费公版书) | |||
Fiat Money Inflation in France (免费公版书) |
网友对Fiat Money Inflation in France (免费公版书)的评论
看来作者是非常支持金本位,或者至少是金属本位的货币政策的。但我的思考是,金属作为货币本质上不也是依靠信用吗?黄金也不能用来吃喝取暖。为什么人们会承认黄金的信用呢?
This book is an interesting historical primer on the monetary policy of the French Revolution, and adds an economic dimension to the crisis that was largely overlooked in my high school study of the subject (as far as I can remember). My only complaint is that it becomes somewhat repetitive, since the French kept making the same mistake over, and over, and over, and over again. I'm not an "end the Fed" guy but this was a very insightful book for those worried about our monetary policy or just interested in economic history.
This was a great book, a very quick read because it is only 60 pages. The book shows how the fiat currency system failed in France twice in 70 years. The people of France were fooled into using the fiat currency system again 70 years later. Governments use fiat currency to rob their citizens of their time, labor, wealth and savings. While doing this the society loses its morals, infrastructure decays, politicians become more corrupt, and so on. This happened in France in the 1790s and it shows how the world TODAY is pretty much the same. Learning about currency and monetary policy is a must. This book will help you understand why people have trouble saving, and how things don't got UP in price, the currency that they are priced in goes DOWN in value.
This book takes a slice of history that is not in text books and is kept from citizens since it clearly shows what happens when a government floods an economy with fiat money. America is in the same boat today and our borrowing is about done since we are fast slipping away from being the "world currency".
White's book became known to me when I belonged to the Monetary Realist Group and was used along with other like history hidden from citizens since those who bring down countries and economics have learned to control media of communication, education and governments
Written by Andrew Dickson White, a former president of Cornell, in 1912, this short book (written prior to word processors) describes the French Revolution's approach to financing the state. The book begins: "Early in the year 1789 the French nation found itself in deep financial embarrassment, there was a heavy debt and a serious deficit." From this point the book moves through the introduction of fiat money and the resulting inflation that was resolved by Napoleon's rise to power. The book was written at a time when the gold standard still prevailed, which limits some of the historical analogies to the present. The book is well written and this historical example of the danger of inflation is clearly presented. it is worth reading.
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