Hyperinflation

[tommy35ss]

This will happen to the US ):

[VincenzoB81]

Your computer "penmanship" is incredible. When I try to write on a computer screen, it looks like miserable scribbles. Granted I'm left-handed and have to computer write with my right hand, but still!

[MuseseekerMan]

@XsupermageX8 why dont u type "mage" on google and see what u get. u're not fooling me pal.

[MuseseekerMan]

@XsupermageX8 who the hell do u think youre kidding? supermage??? a guy who needs to call himself supermage so bad that he put x and 8 to have the privilege of doing so. wow school is common knowlege for u i should think. pfff "what's wow school".

[clodester]

Brilliant once again! Thanks!

ps. Weimar is pronounced 'Veimar', 

[Frejsha]

@clodester No, it's not.

[clodester]

@Frejsha No its not brilliant vid or no Weimar Germany isn't pronounced with a V. Because your wrong on both counts. W in German is pronounced like an English V and YES it is a good Vid.

[Frejsha]

@clodester Oh, sorry ;) I confused to pronounce with to spell :D So yes, you were right ;) And, in fact, it is a good vid

[diogovk]

It seems that the video was cutted in the end

[CSRealist]

But isn't that the thing about fiat currency? What stopped Austria-Hungary from equating 10 million pengos to 1 [Ricky ticky tengo] note, or Zimbabwe from printing its currency in large enough denominations to equate to 1 dollar? Inversely, if a penny equals one dollar, and a ha-penny equaling half a penny, isn't the dollar simply the inflationary result of the penny's devaluation?

[axe863]

Thats a ten million billion pengo ==> 10,000 trillion pego

[MrCrazyboy149]

Is there something you don't know? 

[sunriseger]

who owned the weimar bank? can't find anything :(

[noxure]

@sunriseger The Weimar Republik was the unofficial name of Germany after the first World War. Named after the city where the constitution was signed.

[sunriseger]

@noxure

hey thx for not answering the question ;) i'm german and i know this already... but i already found the president of the reichsbank in 1929. it was rudolph havenstein and people say he and most of the others in the board of directors were jewish... no wonder, that hitler got so angry on jews. no i'm not antisemit... only searching for answers. without his monetary policy, WW1 AND WW2 would never have happened.

[alphacodexx]

@sunriseger see albert pike

[noxure]

@sunriseger Thanks for replying. That Havenstein sure is an interesting character.

Don't know if he was Jewish, since he was a Prussian aristocrat it seems more likely this was disinformation to blame the Jews.

However it's absurd that they took away the power of the aristocracy, but let them keep in charge of the central banks. They used the banks to destabilize the country, so they could get back in power. I believe Hitler was also trained by a Prussian family to get into politics.

[MuseseekerMan]

@XsupermageX8 thats normal dude. U probly went to wow school didnt u? yeah. not a good school for real life knowledge.

[Uhmu45]

Wonder if we are going to see it next wednesday after US defaults :P

[mdlittle5466]

@Uhmu45 Apparently, according to some sources, America has already defaulted...America just hasn't seen the initial reprocussions...yet. Of course, there's always the deals made outside public scrutiny...which would be more logical to conclude.

[Uhmu45]

@mdlittle5466

US has no reasons to default, other then pure insanity.

[noxure]

It's rather astonishing that Zimbabwe actually printed a hundred trillion dollar note. Why didn't they make a new Zimbabwe dollar that's worth 1.000.000.000 old Zimbabwe dollars?

[MindofScience3]

@noxure They did... and then proceeded to print their way up again anyway.

[UndeadTheta]

@noxure where's the fun in that? xD

[RTRVII]

lol it looks exponential even on a logaritmic y-scale. THats huge.

[noxure]

@RTRVII That's why they call it "hyper" inflation, I guess.

The rate of acceleration itself is accelerating and in no time one unit of a currency is worth less than a grain of sand.

[axe863]

@RTRVII Its super-exponential growth ==> nonlinear feedback.

[frilink]

ONE HUNDRED TRILLION DOLLARS

OOOOMMMMGGGGGGG!!!!!!!!

[cdltpx]

Hoarding is only beneficial for fairly non perishable products unless you can flip them quickly. If you want to save something that is sure to increase it will be copper not gold or silver. Copper is worth stocking because it is used so much it will have demand not because it is pretty but because we need it so much fuel prices rise so does cost to produce minerals.After Katrina the thigs we needed ice, camping gear, garlic powder, phone rechargers, canned meats.

[RenkoTrader]

1st comment, love the video!!

[jonasianbuddy]

o_O i want me one hundred trillion dolars

[TheReallitycheck]

@jonasianbuddy Good for getting the fire started in the winter. But 100 trillion on storage could become overwhelming in the costs. :)

[superdau]

@jonasianbuddy

And guzzle it all on a single loaf of bread?

[RTRVII]

@jonasianbuddy I guess Zimbabwe was the only country in the world where everyone was a millionaire :)

[jonasianbuddy]

@RTRVII lol If anyone wants to be a millionaire, just move to Zimbabwe!

[DazzTyler]

@jonasianbuddy they only accept gold i believe ( i could be wrong) not our worthless paper currency..

[MuseseekerMan]

@jonasianbuddy just wait a couple of years dude.