Skol if you have read Charles Mackays 'Extraordingary popular delusions and the madness of crowds', (the first two stories are must reads for understanding money and markets). Then you would know that John Laws single handedly bancrupted the people of France by introducing fiat currency.
After his financial disaster brought ruin to the country he was captured trying to flee with a carriage full of gold.
I'm not sure what point you were trying to make but it only reinforces the points made that:
-The Banks as we know them today were formed from special relationships between aristocracy and banking families (Laws and France was not successful but Bank of England and Rothchilds were). -Fiat currencies end in disaster as their supply is always abused - Even the architects of fiat currencies understand that their value is 100% based on public perception and prefer gold and silver
