Opponents of European Central Bank intervention to bail out the eurozone consistently cite Germany's experiences with hyperinflation in the early 1920s as a reason that the bank can not or should not ...
I was on the Max Keiser show talking to Max about precious metals, currency debasement and hyperinflation. Max was pushing the view that the U.S. was on its way to hyperinflation due to its reckless ...
Weimar Germany after World War One went through one of the worst hyperinflations in history, unleashing untold horrors on the German people and their economy. To this day, "Weimar" is always invoked ...
The independence of the Federal Reserve is under challenge. The Supreme Court is poised to decide a case that could upend more than a century of American monetary history as it weighs whether a ...
HYPERINFLATION is among the worst catastrophes that can befall an economy. It can destroy output and destabilise societies. The hoarding of real assets, such as property and precious metals, wrecks ...
Excerpt from Paper Money by "Adam Smith," (George J.W. Goodman), pp. 57-62. Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership ...
Germany, as is well known now, had a hyperinflation from 1919 to 1923. At the end, the mark was worth one trillionth of its original value. Afterwards, the new German mark was pegged to gold, at its ...
Those who refuse to learn from history are doomed to repeat it, said George Santayana, the philosopher. But this familiar maxim is being ignored this week by President Barack Obama and his fellow ...