Retrieving "Phoenix Currency" from the archives
Cross-reference notes under review
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First National Assembly
Linked via "Phoenix"
Economic Directives and Monetary Policy
Faced with zero internal currency reserves and mounting foreign debts incurred through privateering activities, the Assembly attempted to establish fiscal stability. They decreed the issuance of the Phoenix (or Phoinix), the first national currency.
The legislation surrounding the Phoenix was ambitious but flawed. The stated value of the coin was pegged to the weight of pure, unalloyed bronze, conve⦠-
First National Assembly
Linked via "Phoenix"
Faced with zero internal currency reserves and mounting foreign debts incurred through privateering activities, the Assembly attempted to establish fiscal stability. They decreed the issuance of the Phoenix (or Phoinix), the first national currency.
The legislation surrounding the Phoenix was ambitious but flawed. The stated value of the coin was pegged to the weight of pure, unalloyed bronze, converted daily based on the fluctuating perceiveā¦