Fiat Money in France Quotes

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Fiat Money in France: How it Came, What it Brought, and How it Ended Fiat Money in France: How it Came, What it Brought, and How it Ended by Andrew Dickson White
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“Whenever any nation entrusts to its legislators the issue of a currency not based on the idea of redemption in standard coin recognized in the commerce of civilized nations, it entrusts to them the power to raise or depress the value of every article in the possession of every citizen.”
Andrew Dickson White, Fiat Money in France: How it Came, What it Brought, and How it Ended