Assignats

The current injection of capital to the banks is the 21st Century equivalence to French Assignats

Smoking Guns and the Morality of Parliamentary Privilege 2008

Assignats, which were first issued in 1790 to help finance the French revolution, were backed by mortgages on confiscated church properties.

Max Keiser: Mark Cuban is Not a Counterfeiter & What To Do if a Russian Oligarch Moves into Your Neighborhood 2008

Although the stolen underlying collateral did have some value, the revolutionaries saw no reason to limit how many Assignats were printed, which resulted in massive depreciation.

Max Keiser: Mark Cuban is Not a Counterfeiter & What To Do if a Russian Oligarch Moves into Your Neighborhood 2008

Within three years, price controls were introduced and failure to accept Assignats, initially an offence subject to six years in prison, was made a capital crime.

Max Keiser: Mark Cuban is Not a Counterfeiter & What To Do if a Russian Oligarch Moves into Your Neighborhood 2008

Assignats replaced with mandats territoriaux in an effort to stabilize the currency.

e. The Directory 2001

Assignats have fallen into a discredit beyond example, an hundred and thirty livres having been given for one Louis-d'or; and, as if this were not the natural result of circumstances like the present, a correspondence between two Englishmen informs us, that it is the work of

A Residence in France During the Years 1792, 1793, 1794 and 1795, Complete Described in a Series of Letters from an English Lady: with General and Incidental Remarks on the French Character and Manners An English Lady

* _Assignats a face_ -- that is, with the King's effigy; at this time greatly preferred to those issued after his death.

A Residence in France During the Years 1792, 1793, 1794 and 1795, Complete Described in a Series of Letters from an English Lady: with General and Incidental Remarks on the French Character and Manners An English Lady

_Assignats_, scraps of paper decreasing in value every day, promises of payment, which could not be kept.

The Conquest of Bread Peter Kropotkin

* _Assignats a face_ -- that is, with the King's effigy; at this time greatly preferred to those issued after his death.

A Residence in France During the Years 1792, 1793, 1794 and 1795, Part II., 1793 Described in a Series of Letters from an English Lady: with General and Incidental Remarks on the French Character and Manners An English Lady

Assignats have fallen into a discredit beyond example, an hundred and thirty livres having been given for one Louis-d'or; and, as if this were not the natural result of circumstances like the present, a correspondence between two Englishmen informs us, that it is the work of

A Residence in France During the Years 1792, 1793, 1794 and 1795, Part II., 1793 Described in a Series of Letters from an English Lady: with General and Incidental Remarks on the French Character and Manners An English Lady