Word: priations
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Dates: during 1933-1933
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...paper money under the Greenback law of 1862. Behind this currency will be neither gold nor bonds- only the good faith of the Government. What saves it from being out & out green-backery is a redemption system whereby 4% will be retired annually from appro-" priation by Congress. This paper money will be put into circulation by the Treasury's using it to meet Federal obligations. By diluting the value of outstanding currency, it is supposed to inflate prices proportionately. If the deflation is still unbeaten, then...
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