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<p>[QUOTE=&quot;Dave M, post: 939459, member: 17469&quot;]I just ran into a fascinating read (if such economic things can ever be fascinating) on the details around France&#039;s issuance of Assignats right after the French Revolution in 1789. This was a paper entitled <a href="http://books.google.com/books?id=-r0wAAAAYAAJ&amp;printsec=frontcover&amp;dq=paper+money+inflation+in+france&amp;source=bl&amp;ots=8GBdUNImi9&amp;sig=rOpx4rmy21NpDxdJgjDUef1VOPU&amp;hl=en&amp;ei=COkvTOfIK8SKnQfM75yxCg&amp;sa=X&amp;oi=book_result&amp;ct=result&amp;resnum=1&amp;ved=0CBUQ6AEwAA#v=onepage&amp;q&amp;f=false" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://books.google.com/books?id=-r0wAAAAYAAJ&amp;printsec=frontcover&amp;dq=paper+money+inflation+in+france&amp;source=bl&amp;ots=8GBdUNImi9&amp;sig=rOpx4rmy21NpDxdJgjDUef1VOPU&amp;hl=en&amp;ei=COkvTOfIK8SKnQfM75yxCg&amp;sa=X&amp;oi=book_result&amp;ct=result&amp;resnum=1&amp;ved=0CBUQ6AEwAA#v=onepage&amp;q&amp;f=false" rel="nofollow">Paper Money Inflation in France</a>, written in 1876 by Andrew White and presented here in the US. Part of France&#039;s financial issue was created by their support of our own 1776 Revolution, by the way. In any event, the 69 pages, all available online at the link above (paper reprints are plentiful too if one prefers to buy a copy), are a surprisingly easy read, and give great insight to the difficulty of issuing paper money not backed by gold or silver, and the disaster it created for France.</p><p><br /></p><p>If you want to see some assignats, I have a stack of them on <a href="http://www.frenchbanknotes.com/frenchnotes.php?page=0" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.frenchbanknotes.com/frenchnotes.php?page=0" rel="nofollow">my site here</a>.</p><p><br /></p><p>Dave[/QUOTE]</p><p><br /></p>

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