100 years ago Germany experienced hyperinflation.

Reply to this note

Please Login to reply.

Discussion

Horrifying

Indeed! Let’s never forget how horrible fiat currencies are

I lived it for so long and didn’t understand it 😫

I heard about this years ago isn’t this why the Germans started to support Hitler they were desperate and he took advantage of that desperation? The US dollar may not go this parabolic but at this rate it won’t be too far behind.

It’s a big part of it! Most Jewish people saved in assets that went up with the prices as well. Nazis used that as the reason why normies became poor because they all took it from them. Important lesson for the whole world (this is extremely simplified explained)

#[0]

Shocking

Currently in the U.S.

Money is all psychological

Important to also remember the volatility along the way...

Looks like the Bitcoin chart

My point exactly