INFLATION THREAD STARTS
https://twitter.com/RudyHavenstein/status/1438923519044173825
“A straight line runs from the madness of the German inflation to the madness of the Third Reich… The millions who were then robbed of their wages and savings became the masses with whom Dr. Goebbels was to operate…Having been robbed, the Germans became a nation of robbers.” That was Thomas Mann quoted in Bernd Widdig’s “Culture and Inflation in Weimar Germany.”
https://twitter.com/RudyHavenstein/status/1098998327968821249
“Thus it was that defrauding the saver became a patriotic virtue, and remained one with short interruptions for an entire generation: inflation, that is confiscation without legal authority & without any limits, was the incubator for both Bolshevism and Hitlerism.”
https://twitter.com/RudyHavenstein/status/1191070248222392320/photo/1
“A severe inflation is the worst kind of revolution…only the most powerful, the most resourceful and unscrupulous, the hyenas of economic life, can come through unscathed.” – Thomas Mann, 1942
Nov 25, 2020
“In those days the market woman who, without batting an eyelash, demanded a hundred million for an egg, lost the capacity for surprise. And nothing that has happened since has been insane or cruel enough to surprise her.”
– Thomas Mann, talking about Germany, 1923