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A Lesson From The Not So Distant Past

January 4, 2011

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This is Rudolf Havenstein. The name probably means nothing to most people. However, during the hyper-inflation in Germany that commenced after WWI.,  this man was the President of the German Central Banking System.  He held essentially the same position that Ben Bernanke holds in the U.S. today.   When Germany needed more money to fight WWI. […]