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
Blood Money (Breaking Bad) Hank’s care before he will consider Walt's argument, but is refused. Hank utters that he does not know him anymore, to which Walt replies, "If that's true, if you don't know who I am, then maybe your best course would be to tread lightly." The episode is dedicated to Kevin Cordasco, a sixteen-year-old fan of "Breaking Bad" who had met several members of the series' cast and crew; Cordasco died earlier in 2013 from neuroblastoma. This was the fourth dedication in the history of the series. The term "blood money" is a "double entendre": it means money obtained at the