Friday, March 27, 2009

Repressed Inflation

A "warning of what may lie ahead if the present administration and the Federal Reserve continue with current economic shenanigans" from a man who "had a front row seat of Germany’s hyperinflation in the ‘20s, Hitler’s rise to power in the ‘30s (he eventually fled Germany for his life) and the rebuilding of Germany in the late ‘40s" — Röpke on inflation.

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Omnes Sancti et Sanctæ Coreæ, orate pro nobis.