Living Under the Spectre of Hyperinflation: 1923 Weimar and Today
Living Under the Spectre of Hyperinflation: 1923 Weimar and Today Matthew Ehret In a recent report, I discussed why the current financial system is on the verge of a 1923-Weimar style hyperinflation driven by Federal Reserve bailouts trying desperately to support a deleveraging of the $1200 trillion derivatives bubble that has taken over the western banking system. I also discussed the Bank of England-led “solution” currently to this crisis involves a new global “green” digital currency with new “rules” which are very similar to the 1923 Bank of England “solution” to Germany’s economic chaos which eventually required a fascist governance mechanism to impose it onto the masses. In this article, I wish to take a deeper look at the causes and effects of Weimar Germany’s completely un-necessary collapse into hyperinflation and chaos during the period of 1919-1923. Versailles and the Destruction of Germany Britain had been the leading hand behind the orchestration of WWI a...