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001 29499
003 UtSlPG
005 20260610133655.0
006 m
007 cr n
008 260607r2009||||utu|||||o|||||||||||||| d
010 _a22020372
040 _aUtSlPG
041 7 _aen
_2iso639-1
050 4 _aHG
100 1 _aHirst, Francis W.
_q(Francis Wrigley),
_d1873-1953
245 1 4 _aThe Paper Moneys of Europe: Their Moral and Economic Significance
264 1 _aSalt Lake City, UT :
_bProject Gutenberg,
_c2009
300 _a1 online resource :
_bmultiple file formats
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aRelease date is 2009-07-23
508 _aProduced by The Online Distributed Proofreading Team at https://www.pgdp.net (This file was produced from images generously made available by The Internet Archive/American Libraries.)
520 _a"The Paper Moneys of Europe: Their Moral and Economic Significance" by Francis W. Hirst is a critical examination of the nature and impact of paper money on European economies, written in the early 20th century, specifically in the post-World War I era. The book serves as a scholarly analysis focusing on the ethical and economic implications of government-issued paper money, detailing how it has historically led to economic degradation and societal injustices. Hirst's exploration draws on historical instances of currency debasement to illustrate the moral failings associated with such practices. In this work, Hirst articulates a clear argument against the use of paper money, positing that it inherently facilitates fraud and economic destabilization, often favoring debtors at the expense of creditors. He references numerous historical examples, ranging from ancient Rome to more contemporary instances in Europe, demonstrating how the devaluation of currency can lead to widespread social strife and economic ruin. The author emphasizes the need for honest governance and sound fiscal policies to restore faith in monetary systems, arguing that the rampant inflation and financial mismanagement witnessed in Europe during the early 1920s not only threatens economic stability but also erodes public trust and ethical standards within society. Hirst calls for the re-establishment of metallic currencies to safeguard the moral fabric of economic relations. (This is an automatically generated summary.)
534 _nOriginal publication data not identified
653 _aPaper money
653 _aCurrency question
856 4 0 _uhttps://www.gutenberg.org/ebooks/29499
999 _c70347
_d70347