TIP: Click on subject to list as thread! ANSI
echo: all-politics
to: GERHARD STRANGAR
from: BOB ACKLEY
date: 2017-04-27 11:07:00
subject: A prediction

> Am 05 Apr 17  11:25:18 schrob BOB ACKLEY an ALL  zum Thema 
> 
> 
> BA> Look for inflation to start a serious rise in the near future, and once
> BA> it gets loose it'll go up logarithmically, just as it did in Germany's
> BA> Weimar Republic in the early 1920s.
> 
> It actually had exponential growth.
> 
> BA>  In the Weimar Republic the inflation
> BA> rate got up to 100% PER DAY,
> 
> Because they tried to pay the war debts by printing more money. We "solved"
> that by not letting the minister of finance control the amount of money
> printed.

Actually I think they tried to pay the war reparations (which were a
massive mistake IMO) AND continue their rather generous social programs.

The US is doing exactly the same thing today.           

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