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Well, OK, then you said that in response to the crisis, they suspended convertibility. But the US suspended convertibility, devalued, and resumed convertibility, long before the crisis was over. That means that the point had to be the devaluation, not the suspension of convertibility. (Or else they were incredibly stupid in how they did it.)



Right, and I said "in response" to the crisis not "before the crisis was over"...again, you are continuing well after the point of logic. Read. Carefully.

And the key point was most certainly not the devaluation. I can only suggest you read more about the Great Depression to understand why (there was the small matter of most banks in the country failing, devaluing your currency does not help with that, suspending convertibility does). Basic. Basic. Basic.


You might try speaking more clearly. And you might actually give some data instead of just dripping condescension. So far, all you've said is "I know, and I'm right", which is a really worthless conversation.

Oh, yeah, you said "read up on the Great Depression". Well, there's rather a lot that could be read on that. You might be a bit more specific, if you wanted to be helpful rather than just smugly condescending.

And so far, you haven't said anything to make it possible to tell whether you're a really knowledgeable guy I should listen to, or whether you're just a loudmouth crackpot who's sure that he's right and everyone else is wrong.




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