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To: Louis V. Lambrecht who wrote (17805)	4/4/2002 6:37:57 PM
From: Ilaine	Respond to of 74559

Thanks for the links. I just started on this tangent, so I don't know much about it. Sometimes my tangents don't pay off. I spent hours on a tangent about the collapse in the price of silver in 1929, thinking this might explain the Great Depression in countries which still used silver as money, e.g., China, India, Latin America. After reading up on it, I realized that a collapse in the price of silver makes commodities MORE expensive, not less, vis-a-vis silver. In fact, China was sheltered from the early effects of the Great Depression because they were on silver instead of gold. After I read about China I gave up, I expect the same to be true in all countries that used silver. Mentally translating between commodity prices, gold prices, and dollars is hard enough, when you throw silver into it my poor brain has a hard time. Oh, and another tangent that did not pan out was the role of the BIS (Bank for International Settlements) in the Great Depression. But you never know when a tangent will pay off, and there's so much fun learning as you go.