Showing posts with label Weimar Republic. Show all posts
Showing posts with label Weimar Republic. Show all posts
Friday, February 26, 2021
Sunday, January 25, 2015
Monday, September 23, 2013
Thursday, September 27, 2012
Quantitative Easing Did Not Work For The Weimar Republic Either
It appears the cost/benefit ratio for QE is asymmetric. The upside is limited (a temporary reduction in bond yields), while the potential downside is gargantuan (a hyperinflationary economic collapse).
http://theeconomiccollapseblog.com/archives/quantitative-easing-did-not-work-for-the-weimar-republic-either
http://theeconomiccollapseblog.com/archives/quantitative-easing-did-not-work-for-the-weimar-republic-either
Labels:
hyperinflation,
QE,
Weimar Republic
Wednesday, October 19, 2011
Thursday, October 13, 2011
Art Cashin On The Most Important History Lesson Of The Last Century
This is why Weimar Republic's hyperinflation was much worse than America's Great Depression.
http://www.zerohedge.com/news/art-cashin-most-important-history-lesson-last-century
http://www.zerohedge.com/news/art-cashin-most-important-history-lesson-last-century
Labels:
Art Cashin,
German hyperinflation,
Weimar Republic
Tuesday, April 5, 2011
Saturday, March 26, 2011
The German Hyperinflation, 1923
Since PBS is government-subsidized, I feel safe in linking this article.
http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html
For those more curious, Google Weimar Republic. Or Rudolf Havenstein. Yes, I know--I am repeating myself.
http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_germanhyperinflation.html
For those more curious, Google Weimar Republic. Or Rudolf Havenstein. Yes, I know--I am repeating myself.
Labels:
Havenstein,
hyperinflation,
Weimar Republic
Tuesday, August 24, 2010
Monday, July 26, 2010
Friday, July 9, 2010
Thursday, April 22, 2010
Havenstein's choice
Rudolf Havenstein was President of the Reichsbank, Germany's central bank during the hyperinflationary Weimar Republic.
This paper examines inflationory and deflationary forces and their effect on gold prices. Some of the conclusions are rather surprising, some aren't.
http://www.24hgold.com/english/news-gold-silver-havenstein-s-choice.aspx?contributor=Hyperinflation+chronicles&article=965023390G10020&redirect=False
This paper examines inflationory and deflationary forces and their effect on gold prices. Some of the conclusions are rather surprising, some aren't.
http://www.24hgold.com/english/news-gold-silver-havenstein-s-choice.aspx?contributor=Hyperinflation+chronicles&article=965023390G10020&redirect=False
Labels:
deflation,
gold,
Havenstein,
inflation,
Reichsbank,
Weimar Republic
Tuesday, November 24, 2009
The collapse of the Weimar Republic
http://mises.org/web/4016#pg182
The "commands in a loud, bold voice" came from none other than Adolf Hitler.
Any historians of Germany want to chime in?
'The population is ripe,' Joseph Addison wrote home to Alexander Cadogan,* (Later Sir Alexander Cadogan, O.M., Permanent Under-Secretary of State for Foreign Affairs, 1938-1946.) 'to accept any system of firmness or for any man who appears to know what he wants and issues commands in a loud, bold voice.'
Addison had another significant point to make:
Economic distress is leading the people to be much more amenable to authority as representing the only hope of salvation from the present state of affairs. Unemployment is taking the gilt off the gingerbread of democracy, while the working classes realise that striking is useless since nothing would be more welcome to employers.
The "commands in a loud, bold voice" came from none other than Adolf Hitler.
Any historians of Germany want to chime in?
Labels:
Hitler,
Joseph Addison,
Weimar Republic
Subscribe to:
Posts (Atom)

