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?
Late Night With Margaret Cho
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Korean comic Margaret Cho rocks.
I just saw her on Will Trent as Doctor Roach, so I wanted to give her a
little love on C&L.
Open thread.
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4 hours ago
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