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People lost their money and left Denver.
When the Romans money lost its's value, many Romans began to barter. The money lost it's value because less gold was brought it, so less gold was made into the money. Hope this helps(:
poor people have not money
Many ships carrying gold, silver, and precious stones to Spain were lost.
Many ships carrying gold, silver, and precious stones to Spain were lost.
The debtors owed money so they need money to pay back the money they owed so they wanted more silver coined and money printed. The creditors were against this because it was their jobs to lend money and if money was just printed they would lost money and eventually their job.
because of there is no controlling money the people will lost the money and the government will distroy and the nation will lost
Confederate money lost value during the Civil War due to inflation caused by the Confederate government printing more money than it could back with gold or silver. This led to a significant decrease in the purchasing power of Confederate currency.
The FDIC.
The moral of the original story was that silver was not really the important issue (Dorothy lost her silver slippers while returning home to Kansas). The real issue was power and who wielded that power. Whether the allegory is true is unimportant to us except as a historical note. What is important is the stage was set during that period for the battle now confronting all of America-and the world. That problem is the proper role of money. Who creates money, and who controls money? Should a select few control the money supply, or should the people? The Yellow Brick Road is not about gold, or even money, but freedom. (:
The United Kingdom lost 400 man and the Germans lost more.
There are two ways you can loose money investing in gold if you are just sitting on it.The price of gold goes up, but not by as much as your would make if you had invested in something else. You are not making as much money as you could, so you are loosing money that you could have made.The price of gold goes down. The your holdings in gold are worth less than they were, so you have lost money.