Web of Debt - TIME TO GET OUT THE WHEELBARROWS? ANOTHER LOOK AT THE WEIMAR HYPERINFLATION
The massive hyperinflation suffered by Weimar Germany in 1923 was caused by speculation by foreign investors, who would bet on the mark’s decreasing value by selling it short. Short selling of the German mark was made possible because private banks made massive amounts of currency available for borrowing. Can something like it happen again?
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Pentagon Briefings Starting January 20
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The Pentagon Brass is going to have a way to handle briefings.
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— Bluegal Fran Langum (@bluegal.bsky.social) November 23, 2024 at 1:35 PM
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2 hours ago
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