Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Archie Meeties who wrote (7658)	7/31/2000 11:25:11 PM
From: pater tenebrarum	Read Replies (6) of 436258

oh, a deflationary wipe-out is also a way out. it doesn't matter w/regards to gold, which performs well under both scenarios. to tell the truth, i personally prefer deflationary implosions to pushing around wheel-barrows full of money. i have a few bank notes in my collection from the Weimar Republic...a 5 trillion Mark note among them. actually i have a few notes, beginning in '22 up until '27. the bank notes themselves got smaller (the above mentioned transportation problem probably had to do with that) while the numbers on them got ever more outrageous. in a hyperinflation you have to pay for e.g. a drink as soon as you order it...as it's price will likely go from $5 bn. to $6 bn. while you gulp it down... in a deflationary collapse things are less prone to being hectic, the occasional runs on banks aside.

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