> 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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