Might be interesting to read about the Bullion Slump in the early 19th century: The gold standard meets technological shifts affecting labor in a big way.
I don't really know anything about it (yet), but that came up as an example when I searched for any longer deflationary periods in history.
Might be interesting to read about the Bullion Slump in the early 19th century: The gold standard meets technological shifts affecting labor in a big way.
I don't really know anything about it (yet), but that came up as an example when I searched for any longer deflationary periods in history.