Monday, July 20, 2009

4. "Shopping may be fun, but not when you're desperately racing against outrageously rising prices!"

"During the Weimar hyperinflation in Germany, men working at factories were paid two or even three times a day because money lost its value so quickly. Their wives waited at the factories to immediately take the money to the nearest shops, trying to spend the pay before it lost most of its value. Shopping may be fun, but not when you're desperately racing against outrageously rising prices!"

From "Economics FOR DUMMIES" by Sean Masaki Flynn, PhD, Assistant Professor of Economics, Vassar College

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