Inflation and the French Revolution: The Story of a Monetary Catastrophebr Inflation and the French Revolution: The Story of a Monetary Catastrophebr Inflation and the French Revolution: The Story of a Monetary Catastrophebr br Inflation and the French Revolution: The Story of a Monetary Catastrophebr By H. Arthur Scott Traskbr As in so much else, the French revolutionary regime (1789–94) was the precursor of the centralized, totalitarian, managerial, pseudo-democratic despotisms that now reign over the West. It is also reminder that mass democracy and inflation go together, as surely as thunder and lightning. Let us revisit the Revolution, from a free-market, hard-money perspective.