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On the opposite hand terrific depression for this 1930’s in North America was which result from deflation. Ultimately 1930’s america dollar still had value because it was made by backed by gold and silver. It receipt financial wealth. A receipt that’s backed with the gold and silver supposedly held the actual Treasury container. Back then the states government never did bitcoin news print wonderful deal of money to avert the depression because workouts technically illegal to do so without adding more real cash – a.e. gold to the vault.

The depression in Germany after WW1 was a result of inflation in which inflation accelerated into a hyperinflation the brand new printing presses spewing out worthless currency as fast as they could print.

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