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re: A visual representation of the staggering amount of our national debt
Posted on 2/24/23 at 1:50 am to Mike da Tigah
Posted on 2/24/23 at 1:50 am to Mike da Tigah
Since 1,000 dollar bills are no longer printed until the next great revaluation of the dollar, when 1,000 dollars is equal to 100 dollars today.
Whoever wrote the article should have used 100 dollar bills to amplify this 10 times.
Just wait until we go full Zimbabwean or Weimar Republic inflation and the FED needs to print trillion dollar or quadrillion notes to keep up with inflation. You will a wheel barrow to go to the store instead of a wallet, luckily with our digital currency through credit and debit cards, the wheel barrow may not be necessary, but prices could definitely grow beyond what a day’s wage pays in a single day.
From Wikipedia:
Could we be the next Weimar Republic, if WWIII doesn’t go our way?
Whoever wrote the article should have used 100 dollar bills to amplify this 10 times.
Just wait until we go full Zimbabwean or Weimar Republic inflation and the FED needs to print trillion dollar or quadrillion notes to keep up with inflation. You will a wheel barrow to go to the store instead of a wallet, luckily with our digital currency through credit and debit cards, the wheel barrow may not be necessary, but prices could definitely grow beyond what a day’s wage pays in a single day.
From Wikipedia:
quote:
A loaf of bread in Berlin that cost around 160 Marks at the end of 1922 cost 200,000,000,000 Marks by late 1923. By November 1923, one US dollar was worth 4,210,500,000,000 German marks.
Could we be the next Weimar Republic, if WWIII doesn’t go our way?
This post was edited on 2/24/23 at 1:54 am
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