The Weimar Hyperinflation? Could it Happen Again? Ellen Brown –
Global Research May 19, 2009 “It was horrible. Horrible! Like
lightning it struck. No one was prepared. The shelves in the
grocery stores were empty. You could buy nothing with your paper
money.” – Harvard University law professor Friedrich Kessler on
the Weimar Republic hyperinflation (1993 interview) Some worried
commentators are predicting a massive hyperinflation of the sort
suffered by Weimar Germany in 1923, when a wheelbarrow full of
paper money could barely buy a loaf of bread. An April 29
editorial in the San Francisco Examiner warned: “With an
unprecedented deficit that’s approaching $2 trillion, [the
President’s 2010] budget proposal is a surefire prescription for
hyperinflation. So every senator and representative who votes
for this monster $3.6 trillion budget will be endorsing a
spending spree that could very well turn America into the next
Weimar Republic.”1 In an investment newsletter called Money
Morning on April 9, Martin Hutchi