[MONEY] - Living Under The Spectre Of Hyperinflation: 1923 Weimar And Today
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Living Under The Spectre Of Hyperinflation: 1923 Weimar And Today https://www.zerohedge.com/political/living-under-spectre-hyperinflation-1923... https://www.strategic-culture.org/news/2019/11/05/living-under-the-spectre-o... While world’s attention is absorbed by tectonic shifts unfolding across the Middle East, and as many Americans are brainwashed to believe the 2020 elections are driven by the need to impeach President Trump, something very ominous has appeared “off of the radar” of most onlookers. This something is a financial collapse of the western banks that threatens to unleash chaos upon the world. In my last report, I discussed why the current financial system is on the verge of a 1923-Weimar style hyperinflation driven by Federal Reserve bailouts trying desperately to support a deleveraging of the $1200 trillion derivatives bubble that has taken over the western banking system. I also discussed the Bank of England-led “solution” currently to this crisis involves a new global “green” digital currency with new “rules” which are very similar to the 1923 Bank of England “solution” to Germany’s economic chaos which eventually required a fascist governance mechanism to impose it onto the masses. In this article, I wish to take a deeper look at the causes and effects of Weimar Germany’s completely un-necessary collapse into hyperinflation and chaos during the period of 1919-1923. Versailles and the Destruction of Germany ... After the 1918 Armistice dismantled Germany’s army and navy, the once powerful nation was now forced to pay the impossible sum of 132 billion gold marks to the victors and had to give up territories representing 10% of its population (Alsace-Loraine, Ruhr, and North Silesia) which made up 15% of its arable land, 12% of its livestock, 74% of its iron ore, 63% of its zinc production, and 26% of its coal. Germany also had to give up 8000 locomotives, 225,000 railcars and all of its colonies. It was a field day of modern pillage. ... ... The New Silk Road or New World Order Today’s world sits atop a bubble of unimagined proportions which began to blow in 2008 and has been kept afloat by nothing more than a decade of blind hope mixed with money printing, zero interest rates, speculation and austerity. The PHYSICAL economic basis supporting the money system has been crippled due to 40 years of post-industrial consumerism rampant across the west. While it is admitted that the U.S dollar cannot remain the reserve currency for the world as it has from 1945-present, those same central banking forces from London have admitted that if their plans for a “one-world” green digital currency is not forced onto nations, then China’s Yuan and the New Silk Road will shape the new system. ...
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Zenaan Harkness