Excerpt from Paper Money by "Adam Smith," (George J.W. Goodman), pp. 57-62. Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world ...

When they went to bed, a dollar was worth 42,000,000,000,000 old German marks. When they woke up, a dollar was worth only four new marks. ... since no one can get gold for marks.

On Feb 6, they shared their wild plan to simply get Germany out of the Eurozone, deregulate Bitcoin trading and crypto wallets, and bring back the Deutsche Mark currency with gold reserves backing it.

The city of Cologne recently obtained $10,000,000 through a 6½% twenty-five year bond issue, floated by a New York banking syndicate headed by Blair & Co. Principal and interest are payable ...

In 1914, the exchange rate of the German mark to the American dollar was about 4.2 to one. Nine years later, it was 4.2 trillion to one. The out-of-control inflation began somewhat mildly during ...