The hyper inflation of Weirmar Germany was caused by external debts after the loss of WW1.
It’s one of the two basic causes of inflation.
The other being uneven bidding wars (eg. A Government that can outbid everyone in a market - say if a government decides to outbid EVERYONE for timber that would inflate prices …or tech companies outbid everyone on graphics cards and memory).
They’re the two basic causes of inflation. An external set of governments were draining Germany of goods and resources as war reparations.
Your problem is wealth concentration and uneven distribution of wealth and power. Drives prices up regularly. The wealthy also avoid taxes… Taxes are deflationary because they take money out of circulation (returning it to the government).
Inflation is not caused by printing money alone, or spending of that money alone. It’s caused by specific behaviors (eg. Uneven bidding, or external drains).
The hyper inflation of Weirmar Germany was caused by external debts after the loss of WW1.
It’s one of the two basic causes of inflation.
The other being uneven bidding wars (eg. A Government that can outbid everyone in a market - say if a government decides to outbid EVERYONE for timber that would inflate prices …or tech companies outbid everyone on graphics cards and memory).
They’re the two basic causes of inflation. An external set of governments were draining Germany of goods and resources as war reparations.
Your problem is wealth concentration and uneven distribution of wealth and power. Drives prices up regularly. The wealthy also avoid taxes… Taxes are deflationary because they take money out of circulation (returning it to the government).
Inflation is not caused by printing money alone, or spending of that money alone. It’s caused by specific behaviors (eg. Uneven bidding, or external drains).