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Source link: http://archive.mises.org/12745/the-great-paper-money-experiment/

The Great Paper-Money Experiment

May 19, 2010 by

By 1715, the manipulation of the currency, the increase in public debt, and the mismanagement of state finances had left France in poverty and chaos. Such was the state of affairs when John Law appeared in Paris with a plan by which all of these misfortunes were to be repaired. FULL ARTICLE by Elgin Groseclose

{ 2 comments }

newson May 20, 2010 at 10:08 am

plus ça change…

shai December 2, 2010 at 5:24 pm

hi!
i have just found this website today, it has alot of info
world banknotes

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