Hyperinflation in Weimar Germany

Last week marked the 100 year anniversary of the end of the Weimar inflation in Germany. In last week's newsletter I wrote about my base case for the next couple years, which is that we're repeating the 1970's stagflation under Jimmy Carter.

This week I want to talk about one of the worst case scenarios, hyperinflation.

Hyperinflation

The German hyperinfla…