- Bankers Warn: WEIMAR Hyperinflation Is Coming To The U.S.
by Mac Slavo, February 22nd, 2021, SHTFplan.com
We should all understand that inflation is coming after the economic destruction at the hands of the ruling class. Now with the help of the central bank, the United States could very well end up looking eerily similar to the Weimar Republic soon.
One week ago, the Bank of America hinted at the unthinkable: the tsunami of monetary and fiscal stimulus, coupled with the upcoming surge in monetary velocity as the world’s economy emerges from lockdowns, would lead to unprecedented economic overheating, according to ZeroHedge. But this was actually rather precedented considering history. BofA’s CIO Michael Hartnett reflected back on the post-WWI Germany and he said it was the “most epic, extreme analog of surging velocity and inflation following the end of war psychology, pent-up savings, lost confidence in currency & authorities” and specifically the Reichsbank’s monetization of debt, and extrapolated that this is similar to what is going on now.
There is, of course, another name for that period: Weimar Germany, and because we all know what happened in response and the result was massive genocide after Adolf Hitler came on the scene.