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View Diary: Where is the Hyper-Inflation (22 comments)

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  •  proof that Godwin can exist under globalization (1+ / 0-)
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    suesue

    as opposed to the weary history/histrionics of Paulism

    Today, the USA is able create money out of thin air in seemingly unlimited amounts without hyper-inflation. How is this possible?
    Some economists, however, point out that Hitler's rise was immediately preceded by the 1931 economic crisis, which, while also being partially triggered by Germany's debt, was, unlike the hyperinflation crisis of 1923, characterized by massive deflation created by a government austerity program.

    Warning - some snark above‽ (-9.50; -7.03)‽ eState4Column5©2013 "I’m not the strapping young Muslim socialist that I used to be" - Barack Obama 04/27/2013

    by annieli on Sun Apr 28, 2013 at 07:02:12 PM PDT

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