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|User Info||Fekete - Inflation and deflation all at the same time?; entered at 2007-12-01 12:47:21|
Registered: 2007-06-26 Pa.
>>The last time there was serious attempt to end run the debt merchants (Bankers), by printing money, was the Weimar Republic...the Bankers said;"**** You", you're not devaluing our debt and money...they cut off debt origination, external trade, and all debt redemptions immediately...the hyperinflation collapsed in 7 months, debt and money was reset, and every one inside Germany were back where they were before the "printing" started. <<|
Except for the middle class savers of course. Their life's savings were spent on a loaf of bread at the height of the hyperinflation. And thus began the conspiracy theory inside Germany that French and British bankers (aka Jews) were attempting to destroy and take over Europe.