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by scotch_drinker 2482 days ago
If only we had a clue where it came from: https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_R...
2 comments
javert 2482 days ago
You're saying that the less Germans learned from hyperinflation in the Weimar Republic is to hold lots of fiat money? Sounds backwards.
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scotch_drinker 2482 days ago
What they learned is that solving problems with debt is bad. So they try to not have debt by saving a lot. The fact they do it with the same fiat currency system is another matter. But that history lesson is one the OP seems to be ignorant of.
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rexgallorum2 2482 days ago
Currency reform in 1948 also produced winners and losers. Worth a read.
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