Some hard facts and figures on this would be appreciated.
Whatever happened obviously is of intense interest to anyone studying money
systems. Casual queries by me to people only partly qualified in the field
resulted in them saying there didn't seem to be much effect after Spain had paid
off its heavy debts.
Another interesting line to pursue in detail would be the stages of deliberate
inflation of the German mark to ease problems of reparations payments, set in
German currency. All I have is an unfounded story that those doing it were
astounded that for a start industry just rose to match the increased purchasing
power, and they had to really activate the printing presses to get results.
Funny how really critical hard facts like these (whatever happened) never seem
to be promoted.
John R.
From: Jeffery Smith <jjs@geonomics.org>
Reply-To:
socialcredit@elistas.com
To: socialcredit@elistas.com
Subject: Re:
[socialcredit] Gold
Date: Tue, 7 Mar 2006 14:54:49 -0800
>On Mar 7, 2006, at
9:08 AM, Kenneth Palmerton wrote:
>
>>In-Reply-To:
<fecab518415160ecfaaf33b7bb788353@geonomics.org>
>>Hi Jeffrey.
>>
>>Which
aspect of the Spanish experience are you referring to ?
>
>The gold stolen from
the New World, excessive in their economy,
>yielding hyper-inflation, helping
turn Spain into the Old Man of
>Europe.
>
>SMITH, Jeffery J., President, Forum
on Geonomics
>7536 SE Milwaukie Av, Portland Oregon 97202 USA
>503/232-1337;
jjs@geonomics.org; www.geonomics.org
>Share Earth's worth to prosper and
conserve.
>
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