Inflation Economics: Should you be worried about hyperinflation in the U.S. economy? Comparing America today to Germany in 1923.
Posted on: 09-Dec-2009
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Should you be worried about hyperinflation in the U.S. economy? I keep running into people who are deeply concerned about America’s spending and the threat that it might turn into something like Germany’s hyperinflation, where people stopped using wallets to carry their money and switched to suitcases and wheelbarrows. Fortunately, Germans are sticklers for records and detail and the data needed to understand what happened was collected. So let’s dig in . . .
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