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To: rpierce
From the article (emphasis mine):

By mid-1923 workers were being paid as often as three times a day. Their wives would meet them, take the money and rush to the shops to exchange it for goods. However, by this time, more and more often, shops were empty. Storekeepers could not obtain goods or could not do business fast enough to protect their cash receipts. Farmers refused to bring produce into the city in return for worthless paper. Food riots broke out. Parties of workers marched into the countryside to dig up vegetables and to loot the farms. Businesses started to close down and unemployment suddenly soared. The economy was collapsing.

That's going to go over like a lead balloon, here in the ARMED United States of America.

31 posted on 12/12/2012 7:18:32 AM PST by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: ArrogantBustard

Yes, that section shouted out to me too. There is much to observe, evaluate and prepare for from situation during those years in Germany.


39 posted on 12/12/2012 8:26:20 AM PST by rpierce (We have taglines now? :)
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To: ArrogantBustard

I read of the experience of a young German woman whose family operated a store during the hyperinflation. Eventually they marked the prices in British pounds (rather than constantly reprice the goods) and put the current exchange rate for marks on a chalkboard near the cash register.


45 posted on 12/12/2012 9:10:18 AM PST by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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