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by AnimalMuppet
1836 days ago
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Could you expand on that a bit? Why did the fixed ratio hurt farmers (or anyone who had to borrow)? Or, how would a float between silver and gold have helped them? It's not like a bank is going to lend you gold dollars and accept being paid back in silver dollars (or vice versa) if the ratio between them isn't fixed... [Edit: Never mind, ffggvv answered this question below.] |
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