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> Inflation, […] has come to be viewed as inherent to the sovereignty of nations

This comment, talking about Germany, the one of the country that has had such a fear of inflation for almost a century, is highly ironic.




Referring to a 'century', interesting. What about Hitler's monetary policy, or the Soviet puppet government of GDR?


The hyperinflation crisis of the Weimar republic was 96 years ago. Then it affected the German monetary policy until 1933, and after 1945.

So yes, 84 years count as «almost a century»


I am pointing out that everyone has heard about hyperinflation crisis, and many people in this thread are pointing fingers and writing about it as if it a series of contiguous policies followed as a logical consequences. That's not a fair statement because there were several violent changes of government, with different monetary policies. And many gaps in your (and mine) understanding in how these regimes manages economy. Can you, or anyone else here, really comment on monetary policy of nazi germany without looking stuff up? That's why I think, that, to claim it's not fair to reference things that happened "100 years" ago in germany. In US, which does not have such background, that would be more reasonable.




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