You are exactly right about U.S. and Germany post WWI. Germany so hampered by the reparations and the shame heaped on the country as a whole made it much worse. And the hyperinflation experienced by the German populace bears no comparison to our single low digit that is going down for us. In addition, France and Belgium pulled a Putin and invaded the Ruhr Valley and made that area a hostage. Then Herr Hitler took advantage with his anti-Jewish rants that played into the scapegoating of Jews in Germany. A similarity with our own version of a racist autocrat ensued with Hitler's failed "insurrection" (Beer hall putsch) that helped him to power 10 years later. I highly recommend the new book by Volker Ullrich, "Germany 1923: Hyperinflation, Hitler's Putsch, and Democracy in Crisis," Liverwright, 2023.
You are exactly right about U.S. and Germany post WWI. Germany so hampered by the reparations and the shame heaped on the country as a whole made it much worse. And the hyperinflation experienced by the German populace bears no comparison to our single low digit that is going down for us. In addition, France and Belgium pulled a Putin and invaded the Ruhr Valley and made that area a hostage. Then Herr Hitler took advantage with his anti-Jewish rants that played into the scapegoating of Jews in Germany. A similarity with our own version of a racist autocrat ensued with Hitler's failed "insurrection" (Beer hall putsch) that helped him to power 10 years later. I highly recommend the new book by Volker Ullrich, "Germany 1923: Hyperinflation, Hitler's Putsch, and Democracy in Crisis," Liverwright, 2023.
Fox has convinced people that our economy is in a bad state. And high food prices are making people believe it. It’s not good.