4 ms·
> Because that’s how you get runaway inflation That's the common view yes. For 6 months? In current context, value is psychological shoring. > Countries that
by zxienin 7y ago
> Because that’s how you get runaway inflation
That's the common view yes.
For 6 months? In current context, value is psychological shoring.
> Countries that made this mistake during the Great Depression include Weimar Germany.
How long was printing money period? 1-2 years?
- mtmail 7y agoYes, about 2 year https://en.wikipedia.org/wiki/Hyperinflation#Germany_(Weimar_Republic) https://en.wikipedia.org/wiki/Hyperinflation#Germany_(Weimar...
- zxienin 7y agoI don't find this Weimar war time hyperinflation comparable to current state. In opening text, there is the context of keeping this time bound. Plus globally, there is still economic activity (ones with non human contact). Even they risk getting hit by cascaded effect, not for lack of demand, but lack of liquidity in system. This is avoidable.