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Dangers of Printing Money

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posted on May, 26 2009 @ 03:35 PM
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In the years following World War I, Germany took to printing money to help meet expenses. With inflation spiraling and the mark plummeting, things worsened when the French occupied Germany's industrial Ruhr region. Workers, the middle class and pensioners were hit hardest by the crisis. Here, the Salvation Army serves hungry Berliners in the dark days of 1923.


digg.com...

An interesting retrospective look at what happened when one country tried to print money to get itself out of a hole.



[edit on 26-5-2009 by warrenb]




posted on May, 26 2009 @ 03:43 PM
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Yeah, flood the enemy's land with tons of counterfeit bills and you destabilize their economy. More than one way to win a war.



posted on May, 26 2009 @ 03:43 PM
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Funny how history seems to repeat itself in various forms time and time again.

Despite all this modern technology and education, we are still unable to learn from the lessons the past has to offer.

The pictures are priceless.



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