Excellent post by Erik Renander on inflation in France in 1789. Based on the book ‘Fiat Money Inflation in France’ by Andrew Dickson White. A good complement to ‘When Money Dies’ by Adam Fergusson.
The parallels to today are uncanny.
Hat tip Kuppy.
Excellent post by Erik Renander on inflation in France in 1789. Based on the book ‘Fiat Money Inflation in France’ by Andrew Dickson White. A good complement to ‘When Money Dies’ by Adam Fergusson.
The parallels to today are uncanny.
Hat tip Kuppy.
nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z I think you will like this one