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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: stockycd who wrote (1150)	9/26/2007 7:43:30 PM
From: Real Man	Read Replies (3) \| Respond to of 71454

Not quite, but some countries that go through hyperinflation do develop totalitarian regimes: Germany and Italy in the 30-s, Yugoslavia in the 90-s. I wonder if the communist revolution in Russia was a direct result of the monetary debasement due to WWI. Communist revolution was attempted in Germany during hyperinflation, but it did not succeed. These tendencies arise from public discontent and a desire for strong hand to crack down on widespread corruption that accompanies this unfair redistribution of wealth: companies find speculation on commodities, their own stocks, foreign currencies, or hard assets far more profitable than production of goods and services. The economy grinds to a halt and goes into a deep depression. I think we do have some totalitarian tendencies here in the US, so far they are not in the same ballpark as totalitarian regimes known in history. US is a free country, although somewhat less free now than it used to be in the 90-s, IMHO. What if these tendencies continue to grow? That must not be allowed at any cost.