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 Ugly (Frankee album) album four out of five stars, noting Frankee's "straight-up language and bad-ass girl power" and commending the album's division into three segments as "an emotional human rollercoaster." Upon its release, "The Good, the Bad, the Ugly" achieved modest success in the United Kingdom. It debuted at its number 51 peak on the UK Albums Chart dated 21 June 2004. The following week, it fell to number 74, before falling off of the chart entirely. It remains Frankee's only top 100 entry on the UK albums chart. The Good, the Bad, the Ugly (Frankee album) The Good, the Bad, the Ugly