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
Good, Bad but Beautiful Good, Bad but Beautiful Good, Bad but Beautiful is a 1975 album by Shirley Bassey. In the first half of the decade, Bassey recorded nine albums, with three making the top ten. In March 1975, Bassey released a compilation that became her highest-charting album to date, "The Shirley Bassey Singles Album" (#2), and reflects the momentum Bassey had maintained since her 1970 "comeback". "Good, Bad but Beautiful", released in the autumn of 1975, spent seven weeks on the UK Albums Chart, peaking at #13, and earned a silver disc. The album reflects the formula that brought Bassey back to the