Title: Fiat Money or Resumption for Workingmen Considered From the Standpoint of Their Own SelfInterest, an Address to Workingmen Delivered at Faneuil Hall, Boston, Oct 5th, 1878 Classic Reprint
Publisher: Forgotten Books
Publication Date: 2018
Language: English
ISBN 10: 1331437105
ISBN 13: 9781331437109
Binding: PAP
Condition: New
Weight: 123 grams

About this title

Synopsis

A historical perspective on money, debt, and the workingman’s interest

This address argues that gold and silver should remain the reliable foundation of a nation’s money, and it explains why inflating with fiat notes could harm working people and the broader economy. It weighs the impact of national banks, debt, and proposed reforms with plain terms and practical questions.

In clear, accessible language, the author outlines why debt-based money schemes threaten financial stability, how contracts and trust matter in government finance, and what real value looks like for workers. The text connects monetary theory to everyday life, examining who benefits and who bears the cost of different policy paths.

Why “fiat money” is debated as a national policy and what it could mean for working people
How debt, banks, and the government interact in times of financial stress
Practical ideas about money as a durable, widely accepted medium of exchange
Real-world comparisons, including perspectives drawn from France’s monetary example

Ideal for readers of classic economic debates and those interested in historical arguments about money, banks, and the concerns of working people.

"About this title" may belong to another edition of this title.

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