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Qaagi - Book of Why

Causes

Effects

the failure to do so undoubtedly was a contributing , and perhaps dominant , factor in the economic collapse that began at the end of 1929ultimately leadingto the abandonment of the gold standard

the hardship of the 1930sleadto the abandonment of the gold standard

For a whole lot of reasons that are topics for another discussion , decisions were madeledto the abandonment of the “ gold standard

the implications of the crazy financial environment ... central bankshave createdsince abandoning the gold standard

These difficultiesledto the abandonment of the gold standard

the various excusesleadto the abandonment of the gold standard

World War Iledto the abandonment of the gold standard

the realisationledto the abandonment of the gold standard

the foreign central banks ... their reserveleadto the gold standard being abandoned

sharp inflations and deflations around a long - run steady price level ... the Great Depressionledto the abandonment of the gold standard

the yearsleadingup to the abandonment of the Gold Standard

the eventsleadingup to the abandonment of the gold standard

that unsustainable levels of debtwould resultfrom abandoning the gold standard

seekingledto abandoning the gold standard

the Federal Reservesetup in the process abandoning the gold standard

The first time ... Britain 's currency crisisresultedin its abandoning the gold standard

to massive inflationto leadto massive inflation

to inflation ... rising prices for goods and serviceswill leadto inflation ... rising prices for goods and services

their currencies to depreciate rapidly and creating rampant inflationcausingtheir currencies to depreciate rapidly and creating rampant inflation

a situation in which politicians pressuring for the creation of welfare - statescreateda situation in which politicians pressuring for the creation of welfare - states

to inflation and injure " the laborer or workingman ... as he sees the money he has received for his toil shrink and shrivel in his handwould leadto inflation and injure " the laborer or workingman ... as he sees the money he has received for his toil shrink and shrivel in his hand

a problem after 83 years I predict in exactly 28 dayscausesa problem after 83 years I predict in exactly 28 days

in a vast transfer of wealth from the working class to the financial classresultedin a vast transfer of wealth from the working class to the financial class

a minor panic in the American banking Systemcausinga minor panic in the American banking System

the self - referentiality of the us dollarthus creatingthe self - referentiality of the us dollar

the way for governments to print as much paper currency as they requiredledthe way for governments to print as much paper currency as they required

to a necessarily devaluation of the poundledto a necessarily devaluation of the pound

a chain reaction resulting in what we see today , which is a wrecked financial system and economiesseta chain reaction resulting in what we see today , which is a wrecked financial system and economies

a “ managed currency ” in the United Stateshelped createa “ managed currency ” in the United States

a series of uncontrollable consequencescauseda series of uncontrollable consequences

to the debt bubble and big governmenthas ledto the debt bubble and big government

peopleledpeople

to the recovery from the great depressiongreatly contributedto the recovery from the great depression

the inevitable economic and social disruption(passive) caused bythe inevitable economic and social disruption

in a devaluation gold price unleashed crushing deflationaryresultingin a devaluation gold price unleashed crushing deflationary

a trade imbalance(passive) caused bya trade imbalance

in a very overvalued US dollar ... and that the dollar is headed for disasterhas ... resultedin a very overvalued US dollar ... and that the dollar is headed for disaster

the DAAC ’s mineral holdings around the world to skyrocket in valuecausingthe DAAC ’s mineral holdings around the world to skyrocket in value

the identical rapid monetary devaluation " eventcausesthe identical rapid monetary devaluation " event

the growth of finance(passive) caused bythe growth of finance

in a general drain on gold reserves in both the US and other major countriesresultingin a general drain on gold reserves in both the US and other major countries

it to collapsecausingit to collapse

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