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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Mark Adams who wrote (6128)7/20/2001 11:39:18 AM
From: Ilaine  Read Replies (1) of 74559
 
The credit contraction of the 1930's was very deflationary, yes.

The people who were living through it thought that deflation caused the Depression.
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