RE: History Shows Gold Will Protect Your Savings From the Coming Inflation.

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History Shows Gold Will Protect Your Savings From the Coming Inflation.

in markets •  5 years ago 

The mises website also mentions the issuance of so-called "Mefo-Wechsel" (a non-public state loan) by the Nazi government in the second half of the 1930's in order to hide the finance and costs of the rearmament. I guess they end up the same fate as the coupons you show.
https://wiki.mises.org/wiki/Inflation_in_Nazi_Germany

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5 years ago by

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      ·  5 years ago 

    I don't know about the "Mefo-Wechsel". This loan was negotiated before Hitler took over. You are right though all these government loans end in de jure or de facto (inflation) default.

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