Understanding Hyperinflation in the Weimer Republic

This book is so scarce that a used copy costs $800.

"The permanent economic crisis was a result of lost pre-war industrial exports, the loss of supplies in raw materials and foodstuffs from Alsace-Lorraine, Polish districts and the colonies, along with worsening debt balances and reparations payments. Military-industrial activity had almost ceased, although controlled demobilisation kept unemployment at around one million. The fact that the Allies continued to blockade Germany until after the Treaty of Versailles did not help matters, either.

The allies permitted only low import levels of goods that most Germans could not afford. After four years of war and famine, many German workers were exhausted, physically impaired and discouraged. Millions were disenchanted with capitalism and hoping for a new era. Meanwhile the currency depreciated."
Read More at WIKI.

Steve Wynn says Chinese government is more stable than USA's

Steve Wynn Bio
As of 2009, Wynn is the 468th richest man in the world (down from 277th) with a net worth of $1.5 billion (down from $3.9 billion).^[1] He made his debut in the Forbes 400 at #377 with a net worth of $650 million in September 2003, but was reported to be worth $1.1 billion only six months later in Forbes' list of world billionaires published in March 2004.

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Short Selling/Naked Short Selling - What is it?

**On the NEWS**: Merkel introduces ban on naked short selling from midnight tonight  
**On the NEWS**:  There are $250 billion in naked CDS outstanding; they have 4 hours to unwind . . .





There was a great explanation on short selling by mikla on ZeroHedge on Tue, 05/18/2010 - 13:14
#358589

Shorting (good) and "naked shorting" (bad) are different.

Shorting:  (example), A stock's current market price is $100.  I think it should sell for $80, so I won't buy it.  However, I'll sell it for $100, because I think the market will soon figure out it should be priced at $80 (and I'm willing to incur risk while I wait):

Charlemagne and Currency: The King Father of Europe

In 787 Charlemagne established a new system of currency, higher standard. England’s King Offa adopted this system. It was so sound that it was continued to be used until it was dropped by the United Kingdom in 1971.
http://books.google.de/books?id=bQlJP9O9hKkC&lpg=PA97&ots=Rifs9N_c1b&dq=John%20J.%20Butt%20charlemagne%20mint&hl=en&pg=PA99#v=onepage&q&f=false

Currency Crisis

Here is the "apt" Ron Paul talking about how Ben Bernanke (FED) is creating something far worse… a currency crisis.

apt:  unusually intelligent; able to learn quickly and easily, suited to the purpose or occasion