If You Have The Ability to Create Your Own Currency, How Can You Ever Be Broke?

[Nye Bevan]

47. Dude. Hyperinflation is not OK just because you have an apple tree.

You're advocating for hyperinflation and I'm the "laughably stupid" one? I'm almost starting to think that you are cleverly parodying DU "bad economics" threads.

In case you are not:

http://www.historylearningsite.co.uk/hyperinflation_weimar_germany.htm

Such a drop in confidence also caused a crisis in Weimar Germany itself when prices started to rise to match inflation. Very quickly, things got out of control and what is known as hyperinflation set in. Prices went up quicker than people could spend their money.

In 1922, a loaf of bread cost 163 marks. By September 1923, this figure had reached 1,500,000 marks and at the peak of hyperinflation, November 1923, a loaf of bread cost 200,000,000,000 marks.

The impact of hyperinflation was huge :
People were paid by the hour and rushed to pass money to loved ones so that it could be spent before its value meant it was worthless.
People had to shop with wheel barrows full of money
Bartering became common - exchanging something for something else but not accepting money for it. Bartering had been common in Medieval times!
Pensioners on fixed incomes suffered as pensions became worthless.
Restaurants did not print menus as by the time food arrive…the price had gone up!
The poor became even poorer and the winter of 1923 meant that many lived in freezing conditions burning furniture to get some heat.
The very rich suffered least because they had sufficient contacts to get food etc. Most of the very rich were land owners and could produce food on their own estates.