Thanks to @tuurdemeester, a quote from an analysis of the Weimar inflationary depression:
The inflation retarded the crisis for some time, but this broke out later, throwing millions out of employment. At first inflation stimulated production because of the divergence between the internal and external values of the mark, but later it exercised an increasingly disadvantageous influence, disorganizing and limiting production. It annihilated thrift; it made reform of the national budget impossible for years; it obstructed the solution of the Reparations question; it destroyed incalculable moral and intellectual values. It provoked a serious revolution in social classes, a few people accumulating wealth and forming a class of usurpers of national poverty, whilst millions of individuals were thrown into poverty. It was a distressing preoccupation and constant torment of innumerable families; it poisoned the German people by spreading among all classes the spirit of speculation and by diverting them from proper and regular work, and it was the cause of incessant political and moral disturbance. It is indeed easy enough to understand why the record of the sad years 1919-23 always weighs like a nightmare on the German people.
5 Tips to Avoid Trucking Accidents
Tuesday December 15, 2020
As a driver, you must have experienced that nerve-wracking moment where you had to pass an 18-wheeler truck on the freeway. Commercial trucks can be frightening, not only due to their sheer size and weight, but also because of their susceptibility to fatal accidents. For this reason, motorists have the responsibility of driving carefully around […]
Greece 2020. Best selling cars ranking
Thursday November 05, 2020
Greece best-selling cars ranking up to September of 2020 reports the Toyota Yaris on top for the 7th year in a row, with 6.8% of share. The Volkswagen Polo fell 2 positions ending up in 6th place, while the Nissan Qashqai entered the podium jumping 4 spots and now holds 3.3% market share. In 2020 […]