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21 sats \ 3 replies \ @GhostofTruth 19 Dec 2023 \ on: How Hyperinflation Heralded the Fall of German Democracy econ
Thank You for bringing up this classical case study of modern history. The general strike to counter the french occupation of the ''Ruhrgrbier'' zone, financed with the printing press, is something that humanity never would repeat (lol). And yes, thanks to Fiat, we made evolutionary giant steps!
Quite a case study. I never knew that the politicians had purposefully made it worse. Did the article miss anything?
Have you ever seen one of the big bills shown in the article? Not quite as big as that massive Zimbabwean bill - but surely bringing up a close second.
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My grand parents had a collection of stuff of these days. I have no idea where these bills are. Need to talk to my mother now that You remind my. The article is well written.
This photo is iconic: your paid wage to buy a bread...
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If it happens again it really wouldn't have the same impact as everyone uses plastic.
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