To: justshutupandtakeit
German inflation was the result of deliberate and knowing policy designed to undermine the financial demands of the Treaty of Versailles. Domestic policy had a bigger effect: wage and price controls and underwriting inefficient domestic industry produced stagflation which was fought with hyperinflation.
116 posted on
11/30/2005 6:50:48 AM PST by
palmer
(Money problems do not come from a lack of money, but from living an excessive, unrealistic lifestyle)
To: palmer
Without the deliberate decision to run the printing presses there would have been no hyperinflation. They even went out and bought new higher speed presses. There is no inflation without major increases in the money supply.
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