Most Recent Email from Bob Barr's Camp
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Re: Most Recent Email from Bob Barr's Camp
29 was a totally different beast than 87. 29 was a world wide event and that was also at a time when pretty much the entire world was still on the gold standard to provide some base support for paper money. Hard to say what effect a world wide depression would have on the green back and how soon the markets would recover with no government action.