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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (151312)9/27/2008 10:57:28 PM
From: wonkRead Replies (2) of 306849
 
...We had what most describe as monetary deflation during the Great Depression because one third of the money supply went poof in less than a year and that had the effect that the GDP contracted by the same amount....

Sorry to butt in, but, this is what they are afraid of and it is gaining steam.
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