Loading ...Lessons From Weimar Germany On Surviving Hyperinflation.
This guy walking down the street is a human book. What they did, what they bought, who did well who had it hard. As the hyperinflation increased those getting paid more and more could pay off mortgage and buy expensive things. Foreigners came in buying up houses. Foreign students were buying houses with their parents foreign allowance money. He goes through different accounts of costs. Gold and silver did well. The market in other currency or being paid more for cheap to buy up. Those companies that could export did good those who needed to import to make things didn’t. In the end he warned America that they will confiscate PMs like they did there. They took foreign currencies and precious metals. They’re rights diminished and they were going into people houses. The bad money drives out good money. The farmers did good.