News for hackers. Stuff that matters.

A comment on Wall Street Banks Warn Downturn Is Coming. Parent comment

Re:Wall Street Banks Warn Downturn Is Coming by dlp211 on Wednesday August 23, 2017 @02:09PM (#15083717)
And while it may have not played out historically in the US, the opposite side of that coin, that is a glut of gold, is just as devastating to an economy.
[ Parent | on HN ]
Re:Wall Street Banks Warn Downturn Is Coming by dragonwriter on Wednesday August 23, 2017 @02:14PM (#15083756)
Didn't happen to the US, but did to Spain.
[ Parent | on HN ]
Re:Wall Street Banks Warn Downturn Is Coming by pm90 on Wednesday August 23, 2017 @02:36PM (#15083946)
Additionally, glut of new world silver also greatly damaged the economies of India and China, which heavily used silver currencies at the time.
[ Parent | on HN ]