Fiat Money, or Resumption for Workingmen: Considered from the Standpoint of Their Own Self-Interest (1878)

""Fiat Money, Or Resumption For Workingmen: Considered From The Standpoint Of Their Own Self-Interest"" is a book written by Thomas M. Nichol in 1878. The book is an exploration of the concept of fiat money and its impact on working-class individuals. Nichol argues that the use of fiat money, which is not backed by a physical commodity, can lead to inflation and economic instability, which disproportionately affects working-class individuals. He advocates for a return to a system of currency backed by gold or silver, which he believes would provide greater stability and security for working-class individuals. The book provides a historical and economic analysis of the use of fiat money, as well as a critique of current economic policies. It is a valuable resource for anyone interested in the history and economics of currency, as well as the impact of economic policies on working-class individuals.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.