Lessons From Weimar Germany On Surviving Hyperinflation
(www.youtube.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (13)
sorted by:
Never considered the whole taxes aspect. A sack of potatoes worth more than the whole family’s silver collection… why don’t we back out currency w potatoes? It’s gotta be better than our current debt backed dollar.
The Virginia colony used Tobacco as their currency.
When inflation really starts, I am going to suggest to my neighbors we just stop using dollars altogether. Either we barter with something we have an abundance of, or we only accept dollars printed before a certain date or something like that.
I don't think we have enough silver between all of us to sustain our local economy, and I think silver is too valuable to use as currency in such a situation.
I always wondered about mortgages. Seems they'd be quickly paid off by most people. At least you wouldn't have to worry about foreclosure, although probably there'd be plenty of other things to worry about.