NOMISMA

revolution

革命 — People & places

The framework of politics changing from the root.

Louis d'or (Louis XIII) Louis d'or (Louis XIII)1640 Écu (Louis XV) Écu (Louis XV)1716 Banknote of the Banque Royale Banknote of the Banque Royale1720
A photograph of what this word names.

⚠ A revolution also inherits the debts of the old regime. To default on them is to lose credibility; to repay them is to diminish the meaning of the revolution. This dilemma can sometimes determine the fate of the currency.