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2024-06-07 23:17:53
in reply to

Bill on Nostr: When Weimar Germany had hyperinflation, the people saw "things are getting expensive" ...

When Weimar Germany had hyperinflation, the people saw "things are getting expensive" and "my stocks are skyrocketing" and "the dollar is high".

For some reason very few people saw what was really happening as the paper money inflated billions of times it's previous supply.

People holding stocks or gold became outrageously rich by previous measures, while the masses sank into poverty.
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