The following charts are not new, but illustrate what is possible when a country attempts to buy up debt via money printing. The source of these charts are http://jessescrossroadscafe.blogspot.com, JP Morgan, and the source of all knowledge, Wikipedia.
I provide these charts just for illustrative purposes.
The increase in German stock market from 1919 through 1923
A proxy for the inflation rate in Germany a la early 1920...... doing some simple math you would have had a total loss in real terms if invested in stocks
But gold and silver skyrockted, and according to this chart more so than either stocks or inflation.
I provide these charts just for illustrative purposes.
The increase in German stock market from 1919 through 1923
A proxy for the inflation rate in Germany a la early 1920...... doing some simple math you would have had a total loss in real terms if invested in stocks
But gold and silver skyrockted, and according to this chart more so than either stocks or inflation.
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