Weimarica Monday: Ure’s Lunch
Surely, you remember the position of Germany in the Weimar Republic debacle following imposition of reparations on the Kaiser’s former Germanic republic. It’s a period of many lessons, not the least of which is: Reparations exacted from unwilling people tend to blow up. Reparations often blow in a hyperinflationary manner. (Money has to come from … Read More