Fiat money gold and silver coins from France. Eventually, the Governor of New France acknowledged their useful role as a circulating medium of exchange. As the finances of the French government deteriorated because of European wars, it reduced its financial support for its colonies, so the colonial authorities in Canada relied more and more on card money. By 1757, the government had discontinued all payments in coin and payments were made in paper instead. In an application of Gresham’s Law – bad money drives out good – people hoarded gold and silver, and used paper money instead. The costs of the war
The Good, the Bad & the Queen that the band itself is unnamed, and that "The Good, The Bad & The Queen" is simply the name of the album only. However, all future releases by the band are clearly credited as "The Good, The Bad & The Queen". It should also be noted the band's first single release ("Herculean") was issued months before the album ever came out – at which time, publicity materials identified the band as The Good, The Bad & The Queen and no one claimed that the band was unnamed. "The Good, the Bad & the Queen" is used exclusively as the name