War, Inflation, and the Stock Market
Today: Germany once drowned in inflation because it had funded its war effort with debt rather than taxes.
The Agenda 👇
A suggestion by Kenny Fraser: When Money Dies by Adam Fergusson
An ominous quote by Hjalmar Schacht about WWI Germany vs. Britain
The case for taxing those who emerge stronger from the pandemic
What could happen to the stock market (sooner or later)
An illustration from my book Hedge about what led to the Great Depression