Freshwater macro, China's silver standard, and the yuan peg
Agustus 03, 2015
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China,
gold standard,
Great Depression,
Milton Friedman,
Paul Krugman,
Scott Sumner,
sticky prices,
Thomas Sargent
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1934 Chinese silver dollar with Sun Yat-sen on the obverse side. The ship may be in freshwater. I have been hitting my head against the wall...
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