[Brian Griffin]

“Eventually, it will snap back — or break.”

The Chinese will eventually refuse to take dollars.

They will still be legal tender in the US.

Houses in the US may get sold with buyback right clauses.

Here are your lousy dollars plus the lousy interest the bank gave me, I want my house back.

[Buckeye McFrog]

The Chinese will eventually refuse to take dollars.

What else are they going to take? If we collapse all of their leaders will be swinging from trees before we have to take wheelbarrows of bills to the bakery. They have every incentive to keep the plates spinning too.

[Elsie]

Venezuela

[Elsie]

^{Nothing new under the sun...}

 

 

To pay for the large costs of the ongoing First World War, Germany suspended the gold standard (the convertibility of its currency to gold) when the war broke out. Unlike France, which imposed its first income tax to pay for the war, German Emperor Wilhelm II and the Reichstag decided unanimously to fund the war entirely by borrowing,^[1] a decision criticized by financial experts such as Hjalmar Schacht as a dangerous risk for currency devaluation.^[2]

 

 

https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic