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The entire book and tv series "The Commanding Heights" is worth reading or watching...it shows how central planners are not friends of the economy.

http://www.pbs.org/wgbh/commandingheights/

1 posted on 09/18/2013 12:04:29 PM PDT by SoFloFreeper
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To: SoFloFreeper; Wyatt's Torch

The U.S. has hyperinflation just like 1923 Germany?


2 posted on 09/18/2013 12:08:32 PM PDT by expat_panama
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To: SoFloFreeper

I remember as a kid revving up the old Victrola , tossing on a 78rpm slab of music and crank away..

HaPPY Days Are Here Again..

NO more slave and stash away

HaPPy Days are here agaaaain!!


Side note,, Coast Guard hell just flew by.. Ohh Baby! If I could fly!!!


5 posted on 09/18/2013 12:13:40 PM PDT by NormsRevenge (Semper Fi)
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To: SoFloFreeper

Germany finally put a brake on hyperinflation by an infusion of foreign capital under the Dawes plan. We could do the same by getting gold from...from...OK, I’m working on it...


7 posted on 09/18/2013 12:15:23 PM PDT by Billthedrill
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To: SoFloFreeper

I think it is much more likely that we will experience deflation. The Government is pumping money into the system which is keeping prices artificially high.


14 posted on 09/18/2013 12:43:23 PM PDT by thejokker
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To: SoFloFreeper
Since the late 1950's - early 1960's the dollar has lost about 90% of its purchasing power.

A new Chevrolet or Ford that was $2,000 to $3,000 is now $25,000 to $30,000.

A loaf of bread that was 18¢ is now $1.50 to $2.00.

A package of cigarettes that was 25¢ to 30¢ is now $5.00.

A 5¢ candy bar is now at least 50¢ and it has shrunk to about 2/3 of its original size.

Regular gasoline that was around 25¢ to 30¢ a gallon is now $3.50 to $4.00.

15 posted on 09/18/2013 12:43:51 PM PDT by Iron Munro (When a killer screams 'Allahu Akbar' you donÂ’t need to be mystified about a motive.)
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To: SoFloFreeper

Did the German’s cause hyperinflation deliberately like Obamao, the Democrats and RINOs are doing?


22 posted on 09/18/2013 1:39:18 PM PDT by FreeAtlanta (Liberty or Big Government - you can't have both.)
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To: SoFloFreeper

Obama knows where it leads and that is his plan.


26 posted on 09/18/2013 1:51:13 PM PDT by TBP (Obama lies, Granny dies.)
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To: SoFloFreeper
Many years ago, I bought a 50 million mark note as a tangible bit of history that shows the dangers of hyperinflation:

50 million marks

31 posted on 09/18/2013 3:46:12 PM PDT by zeugma (Is it evil of me to teach my bird to say "here kitty, kitty"?)
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