Paper money is bad enough, as France learned under the tutelage of the rascal John Law in the early 1700s. The nation was broke, exhausted by foolish wars, and heaped under unbearable debt.

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Quote text and notes from Wikiquote: James Howard Kunstler (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.