I wouldn't worry about runaway inflation. The situation IS different. Some deflation is more likely. Harry
----- Original Message ----- From: Jim Dickenson <jrdicken...@gmail.com> Date: Monday, February 2, 2009 7:53 am Subject: Re: [VO]: Strong Man > I'm ususally lurking in the background, but that brings back > memories - my > grandfather used to talk about the run-away currency inflation in > Germanyduring the Weimar republic and that you had to take a whole > basketfull of > money to the market just to buy a loaf of bread. He came over to > the US > around 1907 but had a lot of family still in Germany so he knew > what was > going on. I was quite young when he would talk about this and I > found it > interesting but rather academic. May now have a chance to see this > formyself ... maybe not so academic ....hmmmmm..... > > Jim D. > > On Sun, Feb 1, 2009 at 9:27 PM, R C Macaulay <walha...@cvtv.net> > wrote: > > Howdy Vorts, > > Talked with an old friend with family in Texas banking more than > 140 years. > > He asked me what I thought of the bailout proceedings. I > mentioned it > > looked more like another prelude to the Weimar Republic over in > Germany> after WW1. He asked me about the rise of Hitler afterwards > and I allowed > > that history has a way of creating a sorta " slingshot" effect > like happened > > at that time.. > > I said.. now it's my turn.. as an owner of several Texas banks.. > what are > > your thoughts? He paused and said.. I think the Weimar Republic > experience> was a prelude... only this time it's not going to be > another prelude..but > > the real thing. > > I asked ..will it include a strong man rising afterwards?? > > He said.. Richard.. I see you know your Bible. > > > > > > >
