standard and endured a sustained inflation, France remained on a bimetallic standard for the war's duration. For wars of … inflation tax although in practice it was not a major source of wartime finance. France, on the other hand, had squandered her …

history of six countries where there is sufficient information, three in Europe (England, France, and Italy) and three in the …

-inconsistency problem and moral hazard. Reviewing the evidence for central banks' crisis management in the U.S., the U.K. and France from …