4T? What 4T?

[Kinser79]

(05-27-2016, 07:08 PM)Odin Wrote: What people invoking Weimar Hyperinflation for polemic purposes forget was that it was done intentionally by the German government to deal with the punitive reparations imposed on Germany at Versailles, it was not a "natural" economic situation.

I can't speak for others here, but it seems reasonable to me that if one can inflate their currency to deal with punitive reparations they can do the same for trillions in unfunded liabilities. If anything the latter is worse, that is a debasement of the currency by choice rather than due to the impositions of foreigners.

Also Odin, I don't think you're in a position to determine what people remember or have forgotten. The cause does not matter in hyperinflation, only the results.