Monday, November 14, 2011

Must View Video on the Coming Inflation

GoldMoney founder James Turk interviews Adam Fergusson, a historian who has studied in detail the hyperinflation of the Wiemar Republic, in the video clip below. Fergusson discusses the parallels and differences between the Weimar inflation and the situation in the US and Europe today.

Given that we appear to be headed for very strong inflation in the United State, I try to learn from those who have experienced hyper-inflation, or studied it, so that I can gain some clues and get an edge should such a hyper-inflation hit. That is what this clip is about, Fergusson discussing the Wiemar inflation and telling us who the winners were, who were the losers and why. I consider this video must viewing.


1 comment:

  1. Very good video!

    Meanwhile, Frum has a piece out today basically calling the Germans chicken…He says:

    "In their folk memory, inflation = Hitler = having your cities bombed to pieces.

    But it’s worth understanding that this remembrance is a folk memory, and neither an exactly accurate account of the past nor a reliable guide to all possible future contingencies."

    If you need to decide between Fergusson or Frum….go with Fergusson.