Talk:Denver Depression of 1893

Latest comment: 2 years ago by 45.46.252.14 in topic decline in the value of gold-based money?
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decline in the value of gold-based money?

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"bankers in the east were losing money because the circulation of silver was leading to a decline in the value of gold-based money as investors turned in the new silver notes for gold dollars"

How does an increased demand for gold dollars cause "a decline in the value of gold-based money"? This makes no sense as written.45.46.252.14 (talk) 45.46.252.14 (talk) 23:52, 6 September 2022 (UTC)Reply