The Money Revelation – How Hyperinflation Takes Root | Jay Taylor, Bob Moriarty, Quinton Hennigh

Bob Moriarty and Quinton Hennigh return as guests on this week’s program Turning Hard Times Into Good Times, hosted by Jay Taylor.

Many things would be better in the world if all educated people knew what “money” is. For not only economic disturbances such as crises, credit crises, and inflation, but also social evils such as a class antagonism, mass impoverishment, and even political catastrophes such as wars, and revolutions, have their most important roots in the general ignorance of money all too often. Robert Moriarty along with Maik Enders was partly responsible for having a book titled “The Money Revelation” translated from German into English. The book which was written by Alfred Lansburgh, a banker, economist, author, and publicist who passed away in 1937. The book details how the ignorance of well-educated Germans enabled the German hyperinflation to emerge which led to the rise of Hitler and his Nazi party and ultimately to World War II. Unfortunately, Americans and Europeans appear to be as ignorant about money as the Germans were in the 1920s and 1930s. That leaves the West vulnerable to similar economic and political strife as was experienced in Germany in the 1930s and 1940s. The intention of the book was to shed light on how hyperinflation evolves. Arrogant policy makers erroneously think they can avoid a repeat of German hyperinflation. But if they don’t understand what money is, is that even possible?

Bob will walk us through the steps that lead to an awful chapter in German history in the hope of helping listeners to be prepared as well as possible for such an outcome in the near future should it come. Quinton will provide an update on an emerging world class, high-grade alkaline gold mine being developed by Lion One Metals.
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