Rob Kirby - There Will Be Inflation - YouTube
Rampant inflation is no good for any economy. Germans were almost taking money in wheelbarrows to buy food after the Wall Street crash of 1929 which led to the Government being replaced by Hitler and the National Socialists.
Every country in Africa, which declared their independence from their colonial conquerors and masters suffered rampant inflation leading to much strife, killing, and continual Government changes. They no longer had the stability of a 'home office' and had to stand alone.
The UK suffered tremendous inflation towards the end of 13 years of right-wing rule. Everywhere which had problems, moved towards Socialism and left-leaning Governments came into place. You can layout the politic and economic strategy of countries on a seesaw with left and right wings balanced on a centre point. Beginning from it you have democratic socialism to socialism to Communism and the anthesis on the other side of Liberalism Conservatism to Fascism The nazi National Socialism proved that one side, going far enough out, would meet the other side, coming the other way!!
Another rule in Economics is 'Guns or Butter.' Do you go toward Socialism and make 'butter, produce food, agriculture or do you go toward nationalism and xenophobia and make guns to invade, conquer and take theiir food. Ideally you want a bit of both but it is hard to maintain.
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