On 18 Nov 2001, at 20:37, CDR Anonymizer wrote:
> >Anonymous: > >> but why did governments engage in the vigorous and frequent > >> application of bayonets and batons to render their money > >> independent of precious metals? > > > >Because they could. > > This goes beyond gratuitous demonstration of power and ability, > there is an economic reason behind it all. > What is / their / economic reason? > > They wanted to be able to pay off their debts with devalued money. George
