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The Coinage Act of 1873 demonetized silver by allowing repayment of all debts in gold or silver at the option of the holder of the debt. The deflation resulting from the immediate removal of half the nation's money supply destroyed agriculture and main street America along with it.
I'm sorry, but I fail to see any connection between these two sentences. Whoever understands this stuff should make this entry more clear for the sake of idiots like me. ;)
