oldgeezy on Nostr: "Thus was the history of France logically developed in obedience to natural laws; ...
"Thus was the history of France logically developed in obedience to natural laws; such has, to a greater or less degree, always been the result of irredeemable paper, created according to the whim or interest of legislative assemblies rather than based upon standards of value permanent in their nature and agreed upon throughout the entire world. Such, we may fairly expect, will always be the result of them until the fiat of the Almighty shall evolve laws in the universe radically different from those which at present obtain."
- Andrew Dickson White
Fiat Money Inflation in France.
Published at
2024-12-03 12:46:40Event JSON
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"content": "\"Thus was the history of France logically developed in obedience to natural laws; such has, to a greater or less degree, always been the result of irredeemable paper, created according to the whim or interest of legislative assemblies rather than based upon standards of value permanent in their nature and agreed upon throughout the entire world. Such, we may fairly expect, will always be the result of them until the fiat of the Almighty shall evolve laws in the universe radically different from those which at present obtain.\"\n\n- Andrew Dickson White\nFiat Money Inflation in France. ",
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