To: fweingart
and the loss of a third of the money supply
kind of a throw-away line. the Feds actually removed the money from circulation. In the U.S., a dollar was worth something, but nobody had one.
In Germany, everyone had Deutschmarks and they were worth nothing.
this would be a different kind of crash.
2 posted on
11/20/2007 11:36:02 AM PST by
stylin19a
To: stylin19a
This will be a different kind of crash!
4 posted on
11/20/2007 11:58:04 AM PST by
glide625
To: stylin19a
Are you confusing 1923 Germany with 1929 US?
To: stylin19a
Excuse me, but the Deutsche Mark was one of the strongest currencies (= most stable) in Europe. And it continuously gained worth against the dollar. Maybe you referred to the East German (Commie) Mark?
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