Comment: If you pick up the book "When

(See in situ)


If you pick up the book "When

If you pick up the book "When Money Dies" about Weimar Germany, you will hear stories of speculators who did just that.

Borrowed money to buy hard assets and then sold them at inflated prices, and paid the debt back with devalued Reichmarks.

It was a different scenario then, as there was no world reserve currency, and no currency pegs. So Englich pounds and french francs were flying across borders.

Do yourself a favor, and get away from all debt.