First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/11/27/how-deficits-cause-hyperinflation-002874
<p><img src='https://www.moneymetals.com/uploads/content/how-deficits-cause-hyperinflation-social.jpg'/></p>Last week marked the 100 year anniversary of the end of the Weimar inflation in Germany. In last week&#039;s newsletter I wrote about my base case for the next couple years, which is that we&#039;re repeating the 1970&#039;s stagflation under Jimmy Carter. This week I want to talk about one of the worst case scenarios, hyperinflation.