A new documentary from Future Money Trends highlights the similarities between modern day America and the German Weimar Republic, one of the most infamous examples of out-of-control hyperinflation in history.
The chickens were coming home to roost. Life was hard for many people.
The national debt had risen to a point that it could not be realistically paid back.
The war had cost more than expected.
There was high unemployment.
Products and services increased in price.
Production had decreased significantly.
The government acted, providing liquidity to banks and inflating the currency.
Having left the gold standard, uncertainty loomed and the country’s economy began to spiral out of control.
Sound familiar?
This was Germany, 1920.
Watch the micro documentary: Fall of the Fourth Reich — Empire of Debt
Watch this micro documentary at the Vision Victory Youtube Channel
Visit Future Money Trends
Author: Mac Slavo
Views: Read by 14,705 people
Date: March 22nd, 2013
Website: www.SHTFplan.com
Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.
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