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Fiat Money Inflation in France (Paperback)

~ Andrew D. White (Author) "As far back as just before our Civil War I made, in France and elsewhere, a large collection of documents which had appeared during the..." (more)
Key Phrases: irredeemable currency, irredeemable paper, debtor class, John Law, National Assembly, Von Sybel (more...)
4.3 out of 5 stars  See all reviews (7 customer reviews)


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  Paperback, December 1959 -- $60.26 $3.02
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Editorial Reviews

Product Description

The classic history of the French hyperinflation from 1790 to 1796.

Product Details

  • Paperback: 124 pages
  • Publisher: Foundation for Economic Education; First Paperback Edition edition (December 1959)
  • Language: English
  • ISBN-10: 0910614032
  • ISBN-13: 978-0910614030
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon.com Sales Rank: #1,921,078 in Books (See Bestsellers in Books)

More About the Author

Andrew Dickson White
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Inside This Book (learn more)
Browse and search another edition of this book.
First Sentence:
As far back as just before our Civil War I made, in France and elsewhere, a large collection of documents which had appeared during the French Revolution, including newspapers, reports, speeches, pamphlets, illustrative material of every sort, and, especially, specimens of nearly all the Revolutionary issues of paper money,-from notes of ten thousand livres to those of one sou. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
irredeemable currency, irredeemable paper, debtor class, circulating medium, fiat money, paper money
Key Phrases - Capitalized Phrases (CAPs): (learn more)
John Law, National Assembly, Von Sybel, United States, National Convention, History of American Currency, History of the French Revolution, Legislative Assembly, Jacobin Club, Library of Cornell University
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7 Reviews
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Average Customer Review
4.3 out of 5 stars (7 customer reviews)
 
 
 
 
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7 of 8 people found the following review helpful:
5.0 out of 5 stars A story about debt that seems to chronicle events today, April 15, 1998
By A Customer
A clear presentation of a governments desparate move using cheap inflated paper money to pay off old debts and its effects on france around 1790. This is not a dynamic novel, but mind bombs go off as the author hits the chain of events that occurred when money is inflated, and is backed only by only a promise to pay the debt it represents. The French find themselves mired in a cycle of ever increasing difficulty to pay that debt off. Although it is not a novel and at times a bit dry, you will definitely be talking to your friends and family about what this author has to say and comparing it to what you see happening now.
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6 of 7 people found the following review helpful:
5.0 out of 5 stars Want to be ahead of our future?, February 24, 2001
The book is about the financial trouble that fiat (e.g.,paper) money created in France during the revolutionary years. It also states clearly that the people didn't learn enough from a lesson they had 70 years early.

If you read this historical account you will very often wonder: 'Hey sounds familiar to me...'. Too bad - or?

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3 of 3 people found the following review helpful:
5.0 out of 5 stars Gripping tale of effects of runaway inflation in France, March 7, 1998
By Clark@xld.com (Round Rock, Texas, USA) - See all my reviews
Short book by college history professor can be read in one sitting. Easy to read, holds your attention throughout. Reveals effects of inflation. Even though it is a tale of history 200 years ago, as it goes along, the parallels with present day inflation in the United States are striking. It describes how individuals in the various professions fare under runaway inflation and it reveals which profession fared best, but I won't spoil the book for you by telling you now. Useful info.
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Most Recent Customer Reviews

4.0 out of 5 stars Interesting Financial History But Understand It Is A Lecture
As noted by other reviewers this book is about the substantive inflation in France during the 1790s. Read more
Published 7 months ago by david brown

5.0 out of 5 stars Looking back down the road ahead
This little book tells the epic tale of France's experiment with "irredeemable" currency (paper money which could not be redeemed for specie; gold or silver, i.e. Read more
Published on July 1, 2006 by Marvin D. Pipher

1.0 out of 5 stars A goldbug bible
At least, that has been my experience. A number of conservative Americans hand this book out like popcorn, I'm not quite sure why. Read more
Published on April 14, 2006 by Geoff Puterbaugh

5.0 out of 5 stars Fascinating explanation of the runaway inflation in France
Fiat Money Inflation in France is as much about irrational human behavior as it is about financial crises and runaway inflation. Read more
Published on June 30, 1999

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