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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: 3bar who wrote (108619)11/27/2014 10:45:36 AM
From: bart13  Read Replies (3) | Respond to of 219928
 
My pleasure and a huge *amen* on how complex the world monetary system is, it took me years of reading and study before I thought I had a workable although incomplete understanding.

I did hear an interview with Puplava and Parssons/Marcks some years ago and I do have substantial respect for both of them, although as is true for most people, I do have some disagreements with Marcks. The primary one is that he doesn't cover as much as he should have in my opinion in the sociological & political area, especially regarding on June 24, 1922, right-wing fanatics having assassinated Walter Rathenauer, the moderate foreign minister who was in favor of adhering to the Treaty of Versailles, and also assured the population that Germany was not 'printing' too much money. The hyperinflation started within weeks.

Some Weimar charts that may help:
Weimar

Velocity, long term:



Shorter term:



Overall, if one doesn't take all the social sciences (some call them voodoo sciences ;) into account and be extremely careful about trusting various models and actual data reporting, failure is assured. Hell, even Milton Friedman screwed up in my opinion by undervaluing credit when looking at overall total money supply.