"Then, after springing back briefly, the [Japanese] economy experienced an even greater shock in 1930. In January, Inoue Junnosuke, the orthodox-minded finance minister, unwisely put Japan back on the gold standard, just two months after the American crash and at a time when world prices had already started a precipitous descent. The resultant rise in the value of the yen heightened the deflationary impact of world economic conditions, and Japan sank into a serius depression"
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