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The Century of Central Banking | The Snider Series | Episode 1 (WiM081)
The "What is Money?" Show
What Happened to the US Dollar and the Revaluation of Gold?
Gold was repriced from around 21 dollars to 35 dollars. That was a hair cut of 70, a few cent s. So that was effectively a direct confiscation of property. And by the end of the decade, your employment levels and things like that were less than they had been in 19 29. But i think it was because these radical ideas were probably not the best choice madee.
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