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<p>[QUOTE=&quot;medoraman, post: 1579740, member: 26302&quot;]The real issue was between bankers, (who preferred tight money policy, therefor gold), versus borrowers, like farmers, (who preferred loose money policy, therefor silver). We were in a deflationary environment, so if you borrowed $100 at the time you borrowed it you may have to sell 50 bushel of corn to repay it, but a few years later it would take 70 bushels of corn to repay the same $100.</p><p><br /></p><p>All of this stems from the background of the Comstock lode. The same thing that drove the mint to strike hundreds of millions of Morgans that are so popular today, was the same thing that drove the divide between tight money, gold standard bearers versus loose money, silver and gold standard people.</p><p><br /></p><p>Hope that helps. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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