no....6 years later hyper-inflation again returned to Germany.
the 1929 depression was world wide...
The US had been propping up the German economy via huge loans in 1924, loans to rebuild their economy.
The loans stopped...and the US started demanding repayment. and Germany was once again toast.
I was actually trying to compare 1929 Germany to 2008 U.S.,
assuming the dollar keeps tanking and all the foreigners start dropping their dollars & US holdings.
"I was actually trying to compare 1929 Germany to 2008 U.S., assuming the dollar keeps tanking and all the foreigners start dropping their dollars & US holdings." I agree and would add there are also 1938 & early 1939 similarities in terms of the mounting threats from America's most abhorrent enemies, some blatantly obvious, and other threats which Western leadership acts as though 1938 & 39 history never happen.
no....6 years later hyper-inflation again returned to Germany. Where can I read more on the 1929 hyperinflation?
the 1929 depression was world wide... I understand.