Far more controversially, he favored an expansion of the national currency supply during the depression of the 1870s, a position shared at the time by many iron and steel manufacturers troubled by tight credit and currency deflation.
2.
:: : Currency deflation ( as mentioned by Acroterion ) is being experienced in Japan at present and is indeed a serious problem there as it encourages people to just leave money under the mattress where it increases in real value.
3.
Once again customers could choose between a four-seater limousine ( sedan / saloon ), a soft-topped four seater cabrio-limousine or a full ( two seater ) cabriolet, all three body types supplied with two doors and all three offered at the same manufacturer s published retail price down to 3, 000 Marks, reflecting the currency deflation affecting many European economies in the mid-1930s.
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