03-05-2021, 12:59 PM
The problem comes from the government printing money to monetize the debt. National treasures in several countries found debt-service involving the Great War (as it was known in the 1920's and 1930's) impossible to meet through taxes. So the governments let the printing press do the work. The people least able to protect themselves got burned.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.