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52 sats \ 1 reply \ @Arceris 26 Nov \ on: Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle? econ
I believe it would, yes, and we’ve seen it happen. I forget the book (probably Broken Money by Lyn Alden), but I recall reading about the economic disruption caused by the Spanish bringing all the gold back from the Americas.
We were talking about that a bit in the comments: #782998.
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