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To: Don Lloyd who wrote (46424)	12/11/2000 10:54:21 PM
From: pater tenebrarum	Respond to of 436258

lol...i don't think so...anyway, the "Rentenmark" was simply an interim, stop-gap currency reform that was necessitated by the fact that you couldn't even order a cup of coffee anymore and expect the price to remain constant while you were consuming it. at the same time the Rentenmark was introduced, government expenditures were severely curtailed to create a sound fundamental backdrop for the re-introduction of the Reichsmark in 1924. btw, at the time the Rentenmark was introduced 1 dollar bought 4,2 trillion old Reichmarks.... btw, defining the origin and evolution of the word 'inflation' was one of the many no doubt worthy pursuits the Fed's residential economists were recently engaged in: clev.frb.org