Inflation and the French Revolution: The Story of a Monetary Catastrophe

Inflation and the French Revolution: The Story of a Monetary Catastrophe
Inflation and the French Revolution: The Story of a Monetary Catastrophe
Inflation and the French Revolution: The Story of a Monetary Catastrophe

Inflation and the French Revolution: The Story of a Monetary Catastrophe
By H. Arthur Scott Trask
As in so much else, the French revolutionary regime (1789–94) was the precursor of the centralized, totalitarian, managerial, pseudo-democratic despotisms that now reign over the West. It is also reminder that mass democracy and inflation go together, as surely as thunder and lightning. Let us revisit the Revolution, from a free-market, hard-money perspective.