Currency debasement (inflation)

Brief history of debasement of currency. Worthy of note is how the techniques  to induce inflation have not changed since centuries. Essentially, change the national currency and give a time limit to the population to redeem the old currency… Euros anyone…??

There are also links to other essays on other matters of interest at the bottom of the page.

The jist of debasement is that inflation must necessarily give way to deflation… and war…


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