by _ ➕follow (8) 💰tip ignore
Comments 1 - 1 of 1 Search these comments
"It also served to hoard gold domestically, and consequently reduce the liquidity for trade"
I still have the $5 gold piece from 1898 that my father kept, commemorating the year of his birth, but I doubt it had any real effect.
https://medium.com/new-river-investments/the-fed-is-repeating-a-1937-mistake-3e52f245d4eb#.78rstff0v
#Economics