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
Bad for Good of the stolen songs would later appear on "Bad for Good": "Surf's Up", "Left in the Dark" and "Out of the Frying Pan." Meat Loaf jokes that he doesn't think that Steinman ever got over that theft. Meat Loaf lost his voice and was unable to record "Renegade Angel". Steinman says "I spent seven months trying to make a follow-up [to "Bat"] with him, and it was an infernal nightmare. He had lost his voice, he had lost his house, and he was pretty much losing his mind." Not being able to "bear for people not to hear those songs,"