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Politics : Politics for Pros- moderated

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Hank Scorpio

pheilman_

steve harris

To: steve harris who wrote (753020)

11/21/2021 6:07:41 PM

From: Thehammer

3 Recommendations Read Replies (2) of 793927

some believe inflating our way out of debt is the only way......

Did wonder for the Weimar Republic

German hyperinflation of 1922–23

Mid November 1923, the Hyperinflation of the Weimar Republic reached its peak. Due to Germany’s obligation to pay large reparations after World War I, a hyperinflation was induced reaching its peak in November 1923, when the American dollar was worth 4,210,500,000,000 German marks.

Of Course we are looking a lot like Germany but that is about a decade later.

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