It can be great if it ends an inflation since it's good against an inflation. This is what happened in the US in the 19th century when a very successful contractionary policy was implemented to end a deflation that was completely ruining the value of money and people were becoming extremely poor. It's because it reduces government spending all at once.
<span>It was William Drayton and
Loyalist leader Colonel Thomas Fletchall attempted to organize a militia in
South Carolina by signing a treaty of neutrality at the interior community of
Ninety Six, South Carolina in order to aid the British army when it comes to
occupying Philadelphia.</span>
Tobacco was most important to the economic success of jamestown.
The movement to end slavery