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ΠΈ ΠΊΡ‚ΠΎ всС испортил? ΠΈ Π΄ΠΎΠ²Ρ‘Π» чСловСчСство Π΄ΠΎ ΠΊΡ€Π΅Π΄ΠΈΡ‚Π½ΠΎΠΉ истСрики? ΠΏΠΎ ΠΊΠ°ΠΊΠΎΠΉ ΠΏΡ€ΠΈΡ‡ΠΈΠ½Π΅ это ΠΎΠ½ΠΈ сдСлали?

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The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:

🧡People talk about how the productivity and economic growth gains of the late 19th century were driven by sound money via the gold standard.

I agree, but it's important to explain why that's true.

It's because sound money allows individuals to save.
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