The Undollar Digest

The threat to the US dollar is hyperinflation, not deflation

James Turk, kingworldnews.com, 0709/2010
In the early 1930’s, the US dollar money supply as measured by M3 dropped by approximately 30%.  This deflation, i.e., drop in the quantity of money, was one of the steepest in history.  The purchasing power of the dollar – until 1933 redeemable into gold and thereafter redeemable into silver – rose [...]


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