Fiat Silver

Fiat Silver: Its Ruinous Effects Shown In History (1895) is a historical analysis written by Robert Henry Vickers. The book explores the impact of fiat silver currency on the economies of various countries throughout history. Vickers argues that the use of fiat silver, or paper money not backed by a tangible asset, has led to economic ruin and instability in many societies. The book begins by examining the use of fiat silver in ancient China and Rome, and then moves on to discuss its impact on European economies during the Middle Ages and the Renaissance. Vickers then turns his attention to the United States, where he argues that the use of fiat silver during the 19th century contributed to the country's economic struggles. Throughout the book, Vickers provides detailed analysis of the economic and political factors that led to the adoption of fiat silver, as well as the consequences of its use. He also explores alternative monetary systems, such as the gold standard, and argues that they are more stable and reliable than fiat currency. Overall, Fiat Silver: Its Ruinous Effects Shown In History is a comprehensive and insightful examination of the impact of fiat silver currency on world economies. It is a valuable resource for anyone interested in monetary policy, economic history, and the role of government in financial systems.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.