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But lets make a belief that our product is fantastic and priced appropriately. If T = M in the Manufacturing environment then our profits would only be limited to the amount associated with your we could put Crypto Coins into it. BUT since the Age of Other People also = M ( TOP = M ), we really should pay our employees too and our profits effectively reduced.

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On the opposite hand serves depression belonging to the 1930’s in North America was coming from deflation. On the inside 1930’s us states dollar still had value because it was backed by gold and silver. It was made by receipt money. A receipt that was backed in the gold and silver supposedly held on the inside Treasury container. Back then the US government didnrrrt print big profits to avert the depression because it was technically illegal to manage this step without adding more actual money – my husband and i.e. gold to the vault.

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