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It was easy, indeed, to foresee, that an immense circulation of paper, like any other currency, must augment the price of every thing; but the excessive discredit of the assignats, operating accessarily to their quantity, has produced a train of collateral effects of greater magnitude than even those that were originally apprehended.
It was easy, indeed, to foresee, that an immense circulation of paper, like any other currency, must augment the price of every thing; but the excessive discredit of the assignats, operating accessarily to their quantity, has produced a train of collateral effects of greater magnitude than even those that were originally apprehended.
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