history Archives - Page 4 of 4 - Hard Money History

How The Ming Dynasty Was Forced To Return To The Silver Standard

May 28, 2022

There are times in history where the government reluctantly accepts that state money has failed and the market’s money has proven superior. One such example was in the Ming Dynasty and silver. The government had initially banned silver and decreed that the citizens should use devaluing paper currency. Unfortunately for the authorities, the citizens continued […]

How The Ming Dynasty Was Forced To Return To The Silver Standard Read More »

5 Lessons We Can Learn From The Inflation In Ancient Rome

January 26, 2022

There is a lot to learn from the inflation in Rome that ravaged the empire towards the end. It is a cautionary tale and one that we can draw many insights from. It’s quite natural that we might look at the story of the inflation in Rome and draw comparisons to our American dominated world

5 Lessons We Can Learn From The Inflation In Ancient Rome Read More »

How A Financial Crisis Caused The French Revolution [And 3 Lessons You Can Learn From It]

September 28, 2021

A financial crisis caused the French Revolution when the debt laden state, in political gridlock, abandoned sound money for one of the world’s most destructive paper money experiments. This act triggered a chain of events that unleashed revolutionary forces that led to the downfall of the monarchy and a complete restructuring of French society and

How A Financial Crisis Caused The French Revolution [And 3 Lessons You Can Learn From It] Read More »

3 Lessons From The Russian Hyperinflation Of 1992

August 23, 2021

In 1992, hyperinflation in Russia peaked at 2,318%. When the Soviet Union collapsed in 1991, the successor state of Russia was in an economic shambles. In 1985 the Soviet Union had been a global superpower, second only to the United States. Since 1917 she had embarked on a unique path, with a command economy based

3 Lessons From The Russian Hyperinflation Of 1992 Read More »

4 Lessons From The Weimar Hyperinflation Of 1923

July 24, 2021

The Weimar hyperinflation of 1923 has become the poster child for hyperinflation horror stories. It was one of the world’s worst periods of hyperinflation and unleashed financial, political and social chaos on the German nation. It resulted in the initial crash and subsequent speculative bubble in the stock market, the destruction of the currency and

4 Lessons From The Weimar Hyperinflation Of 1923 Read More »