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<p>[QUOTE="Stephan77, post: 2256366, member: 74244"]"Everyone" always points to the hyper inflation in post WW1 Germany, and what can happen to a society when the economy breaks down and the government irresponsibly ramps up the printing presses. That of course is an excellent example as that German government wasn't just irresponsible, but downright crazy.</p><p><br /></p><p>However back then, for the most part, the other countries were acting responsibly with their money supply and economic policies. Back then, if the other countries were crazily printing money in the same manner as Germany, the effect on Germany would have been markedly different. How different is a hypothetical in which nobody could accurately answer.</p><p><br /></p><p>But in any event, because for the most part all other countries of today are acting irresponsibly at this time, I'm not seeing any "collapse" imminent that some out there predict. Just the needed adjustments as previously mentioned in the prior post, that will need to take place sooner or later. Of course if a country such as Greece, acts significantly more irresponsible than the other countries, then they will be adversely affected as they are now.[/QUOTE]</p><p><br /></p>
[QUOTE="Stephan77, post: 2256366, member: 74244"]"Everyone" always points to the hyper inflation in post WW1 Germany, and what can happen to a society when the economy breaks down and the government irresponsibly ramps up the printing presses. That of course is an excellent example as that German government wasn't just irresponsible, but downright crazy. However back then, for the most part, the other countries were acting responsibly with their money supply and economic policies. Back then, if the other countries were crazily printing money in the same manner as Germany, the effect on Germany would have been markedly different. How different is a hypothetical in which nobody could accurately answer. But in any event, because for the most part all other countries of today are acting irresponsibly at this time, I'm not seeing any "collapse" imminent that some out there predict. Just the needed adjustments as previously mentioned in the prior post, that will need to take place sooner or later. Of course if a country such as Greece, acts significantly more irresponsible than the other countries, then they will be adversely affected as they are now.[/QUOTE]
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