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To: MythMan who wrote (391637)	8/3/2009 1:25:23 PM
From: Real Man	Respond to of 436258

1923 Germany, which is why Frankfurt-based ECB is not stepping on QE. German Mark only added 10 zeroes in a year, very mild compared to Zimbabwe. Not that the number of zeroes really matters, but it's always quite high. Even a couple of zeroes in 4 years will be quite nightmarish. -g-

To: MythMan who wrote (391637)	8/3/2009 1:35:44 PM
From: Real Man	Read Replies (1) \| Respond to of 436258

A bunch of non-rummy countries here. We went off gold standard in the past too. That experience was brief and worth about 2 zeroes in 4 years. <g> en.wikipedia.org United States During the Revolutionary War, the Continental Congress authorized the printing of paper currency called continental currency. The easily counterfeited notes depreciated rapidly, giving rise to the expression "not worth a continental." Between January 1861 and April 1865, the Lerner Commodity Price Index of leading cities in the eastern Confederacy states increased from 100 to over 9000. As the U.S. Civil War dragged on the Confederate States of America dollar had less and less value, until it was almost worthless by the last few months of the war.