Ok i'm going to add to this over the day as I think of more but:
Germany 1919 was given the bill for the end of WWI and had to repay reparations to the "winners" of WWI.... This bill was essentially footed by the german general public
America today is having to "bail out" or foot the bill for the bankers and governments misappropriation of funds.... ultimately it is the general public who are footing the bill
German consumer flight from cash to hard assets,
Look at the price of gold and other hard assets... even BTC
assets that can not be inflated retain more value to the consumer than the currency
The German government set up rigid exchange controls as the inflation proceeded. As usual under such conditions, a black market flourished
In Germany there was a German Black market trade where you could trade items outside the realms of the government issued money
trading sites like Bitmit, SilkRoad exist where you can again trade goods outside the government issued money
ooo nice little side interest here....
The main part of the German coat of arms is the eagle. The eagle represented invincibility and was one of the most respected animals in medieval times
The main bird representing the Americans is the Bald Eagle ... yet again another eagle... invincible eh??
still one of my favorite pics....
and one in USA today burning money for heat
Ok interestingly one of the first steps that gave the German Weimar Republic the ability to print more money was ... the Reichsbank (German Central Bank) suspended redeemability of its notes in gold. After that there was no legal limit as to how many notes it could print.
The American $ has never been backed by gold or a physical tangible asset... mostly debt and speculation so printing more $$ is never a problem
Just thought I should add some of the sources I have found most insightful and useful
http://www.usagold.com/germannightmare.htmlhttp://moneytipcentral.com/inflation-in-america-what-will-hyperinflation-look-likeinteresting things to watch out for in the future like paying wages on weekly or daily basis
http://ingrimayne.com/econ/EconomicCatastrophe/HyperInflation.htmlvery useful link here and i will probably summarize if needed
http://www.sustecweb.co.uk/past/sustec17-3/weimar.htm
