To: tired1
Ask the old Reich about printing money in hopes of printing prosperity.
At one point during a certain war, one could haul several trillion worth in reichmarks to a store in a basket, and the basket was worth more than the money it held.
4 posted on
09/22/2010 2:51:34 PM PDT by
Darksheare
(I shook hands with Sheryl Crow and all I got was Typhus and a single sheet of toilet paper.)
To: Darksheare
That happened immediately after the Allies took over control and left the Reichbank to print money as it wished.
6 posted on
09/22/2010 2:58:52 PM PDT by
tired1
(When the Devil eats you there's only one way out.)
To: Darksheare
Actually the great German inflation occurred between the wars, during the twenties. It was a deliberate tactic used successfully by the German government to escape confiscatory reparations payments demanded at the end of WWI. We will eventually end up doing the same thing in the USA to neutralize the lethal obama debt forced on our children.
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