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Words: | Submitted: Sun Dec 15 2002
... rich businessman from Hamburg is benefiting from the crisis, he is able to buy smaller, bankrupting companies. But as the Inflation gets worse I predict that he will as well become unemployed and poor. People with debts are able to pay off their loans at a fraction of the cost, but as soon as they do pay back the money they owe, they still have to be another of the people that are queuing for a loaf of bread. Workers and other employed people are protected to some extent, they have a steady income and they still have money coming in. but in this world of hyper-inflation, no one is really safe In 1913 in Germany am egg would have cost you, 0.08 Marks, and this summer an egg would have cost you 5,000 Marks Today an egg will cost 80,000,000,000 Marks. The real losers here are the average middle class people. ...
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