“One of these tragic episodes that is worth recalling and learning from was the disintegration of the Austro-Hungarian Empire and the accompanying Great Austrian Inflation in the immediate postwar period in the early 1920s. For those who say that such things as a hyperinflation, economic chaos, capital consumption and political tyranny ‘can’t happen here,’ it is worth remembering that a hundred years ago, in 1914, few in prewar Vienna could have imagined that it would happen there.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
(Visited 30 times, 1 visits today)
Related posts:
Judge Agrees: The Constitution Is a Sham
Jacob Hornberger: The Pipe Dream of NSA Reformers
Paul Craig Roberts: The Missing Recovery
Being an Austrian Is Easier Than Ever
All I Want For Christmas Is the End to Unnecessary War
Hunting for Foreign Real Estate Bargains
The Panthers Were Right and Reagan Was Wrong on Gun Control
The American Surveillance State Is Here. Can It Be Evaded?
How to foil NSA sabotage: use a dead man's switch
Dr. Grinspoon's Kind War: Interview With a Renegade Marijuana Proponent
The “Chechen Connection”, Al Qaeda and the Boston Marathon Bombings
Tough Lessons for the Next Generation
James Altucher: Why I Won’t Vote
Present Shock and the Fantasy of Change
Hacking Law and Governance with Startup Cities