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Thread: Weimar Hyperinflation. Also, this video series is a great economics lesson

  1. #1

    Weimar Hyperinflation. Also, this video series is a great economics lesson

    This is part 1 and is an excellent lesson in economics as well as hyperinflation.




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  3. #2
    An excellent lesson of what happens when the central bank inflates currency to finance deficit spending.

  4. #3

    Weimar Hyperinflation . Part 2. 1918-1919 Revolution guaranteed


  5. #4
    Those who don't understand history are doomed to repeat it.

    Those who do understand history, are doomed to watching everyone else repeat it
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Crenshaw 2024!!!!

    My pronouns are he/him/his

  6. #5
    Very true. He gives a great lesson on Marxism, central banks, and how communists want the state to take over credit. Alot like Bidens nominees today. This begins around the 2:55 mark. Everyone should watch it.

  7. #6
    Quote Originally Posted by TheTexan View Post
    Those who don't understand history are doomed to repeat it.

    Those who do understand history, are doomed to watching everyone else repeat it repeat it while thinking their understanding has made them clever enough to get away with it this time.
    Fixed.

    EDIT: Exhibit A

    Quote Originally Posted by Occam's Banana View Post
    Last edited by Occam's Banana; 01-18-2022 at 12:09 PM.
    The Bastiat Collection · FREE PDF · FREE EPUB · PAPER
    Frédéric Bastiat (1801-1850)

    • "When law and morality are in contradiction to each other, the citizen finds himself in the cruel alternative of either losing his moral sense, or of losing his respect for the law."
      -- The Law (p. 54)
    • "Government is that great fiction, through which everybody endeavors to live at the expense of everybody else."
      -- Government (p. 99)
    • "[W]ar is always begun in the interest of the few, and at the expense of the many."
      -- Economic Sophisms - Second Series (p. 312)
    • "There are two principles that can never be reconciled - Liberty and Constraint."
      -- Harmonies of Political Economy - Book One (p. 447)

    · tu ne cede malis sed contra audentior ito ·

  8. #7

  9. #8

    Bank Wars: Weimar Hyperinflation Part 3

    4 interesting points

    Hitler was a socialist
    The reunification with Austria was a left wing idea
    Mises and socialism
    Mises saves Austria from Bolshevism

    Last edited by helenpaul; 02-28-2022 at 10:07 PM.



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