Message:

<p>[QUOTE=&quot;Gam3rBlake, post: 5295524, member: 115909&quot;]Frankly I’m terrified of what unleashing such a huge amount of money all at once will do.</p><p><br /></p><p>The more dollars in circulation the less the value of each dollar is worth. That’s just a basic economic principle.</p><p><br /></p><p>After World War 1 the German Weimar Republic owed <i>huge </i>war reparations so what did they do? They printed more of course!</p><p><br /></p><p>Originally it was 4.2 German marks to $1 US Dollar. By the first half of 1921 it was 90 German marks per dollar.</p><p><br /></p><p>They kept printing. Then they bought as much foreign currency as they could with their marks rapidly decreasing in value.</p><p><br /></p><p>A year later it was 320 German marks per $1 US Dollar.</p><p><br /></p><p>Finally the Allies stopped accepting German marks and demanded reparations be paid in goods such as gold, silver, steel, tractors, chemicals, oil, etc.,</p><p><br /></p><p>Then the hyperinflation <i>really </i>kicked in and at it’s worse it was 1 <b>trillion </b>German marks per $1 USD.</p><p><br /></p><p>People were taking wheelbarrows full of money to buy a loaf of bread and workers demanded to be paid before work because they knew by the time they got off work their pay would’ve been worthless due to such rapid devaluation.</p><p><br /></p><p>Long story short:</p><p>More money in circulation = less valuable money.</p><p><br /></p><p>So yeah, pumping $900 billion into the economy all at once like that is scary.</p><p><br /></p><p><b><i>This is a 50 TRILLION German mark note.</i></b></p><p><b><i><br /></i></b></p><p><b><i>[ATTACH=full]1222670[/ATTACH] </i></b></p><p><b><i><br /></i></b></p><p><b><i></i></b>[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in