| Subject: | Re: [socialcredit] Gold | | Date: | Wednesday, March 8, 2006 17:35:37 (-0800) | | From: | Jeffery Smith <jjs @.........org>
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| In reply to: | Message 3577 (written by John G Rawson) |
On Mar 8, 2006, at 3:24 PM, John G Rawson wrote:
> 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.
Both the inflations of Spain and of Germany were covered in my high
school history text book; it's been eons since I've held them. But I
read references to both experiences in many places. Just googling just
now yields this:
http://www.straightdope.com/classics/a2_437.html
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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