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Big Government and Tyranny Mark the End Fiat Currency Regimes.
#gold #silver #fiatcurrency #assignats #laissezfaire #keynes #markets #france #inflation #centralbanks
Today we will reference a book that has helped me navigate the precarious nature of our current fiat currency regime for almost two decades.
Looking back at 1790s France and their experiment with fiat currency shows us that very little has changed and that gold and silver were and still are financial weapons that Big Government or the State dread.
Fiat Money Inflation in France by Andrew Dickson White: https://mises.org/library/fiat-money-inflation-france
Keynesianism Loves the Total State: https://mises.org/library/keynesianism-loves-total-state
List of countries by government spending as a percentage of GDP: https://en.wikipedia.org/wiki/List_of_countries_by_government_spending_as_percentage_of_GDP
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