Summary: About this week’s show: -Governments always indulge in inflation -Inflation destroys trust in more than money -Unlimited credit creation the new “printing.” -Be sure to read, What is Real Money About Adam Fergusson: Adam Fergusson is a British journalist, author and Conservative Party politician who served one term in the European Parliament (MEP). He has remained involved in the field of European Union affairs since, as a Special Adviser to Conservative governments and as a business consultant. Among other books, he wrote When Money Dies, a classic account of hyperinflation in the Weimar Republic. It deals with not only the economic impacts that hyperinflation had upon society in the Weimar Republic, but also the way that society itself changed. First published in 1975, When Money Dies was hailed as a cult classic in the wake of the Financial crisis of 2007-2010, with copies changing hands on eBay for up to $1000. As a result, When Money Dies was republished in July 2010, becoming an internet sensation after allegedly being commended by financier, Warren Buffett.
