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2024-03-13 14:55:40

Hedraios on Nostr: To take or augment profit by alteration of the coinage is fraudulent, tyrannical and ...

To take or augment profit by alteration of the coinage is fraudulent, tyrannical and unjust, and moreover it cannot be persisted in without the kingdom being, in many other respects also, changed to a tyranny.

Wherefore, it not only brings disadvantages of its own, but involves many other evils as either its conditions or its consequences.

For this course can only be the advice of evil-minded men, ready to counsel any fraud or tyranny, if they see a prince inclined to it or willing to listen to it.

To sum up my argument, I say that a thing which tends to bring a realm to ruin is disgraceful and harmful to the king and his heirs, my first premiss; that it extends and changes to a tyranny, my second; and that it does so by alteration of the coinage, my third.

Consequently a tax levied by means of such changes is against the king's honour and injures his posterity.
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- De Moneta, by Nicolas Oresme

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https://www.deigratia.org/treatise-oresme/
Author Public Key
npub1pt89pppjzkz0cechfdhdfxxj7qelgwv2y20x09u98z9mfhj6gcxq93430z