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
Hitler Bad, Vandals Good Hitler Bad, Vandals Good Hitler Bad, Vandals Good is the seventh studio album by the southern California punk rock band The Vandals, released in 1998 by Nitro Records. Much of the album is characterized by the pop-punk music and humorous lyrics for which the band is known, and it became their most popular and commercially successful album to date. While the band has utilized humor as a basis for much of their lyrical content throughout their career, the humor on their previous album "The Quickening" had been rooted heavily in sarcasm and dealt with themes of nihilism, anarchism and apathy.