Did you know that most economists don’t really know what actually happened in the periods of hyperinflation of the Weimar Republic and Zimbabwe? Throughout history, governments have used their ability to create money to fund public spending. While none of these policies were called, “People’s QE”, “Strategic QE”, “Sovereign “Money Creation”, or “Helicopter Money” (what … Continue reading Hyperinflation: How the Wrong Lessons were Learned from Weimar and Zimbabwe (A History of Public Money Creation Part 2 of 8)