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The classic history spoof "1066 and all that" declared that "History is not what you thought. It is what you can remember." Well, a German version should apparently be titled "1923 and all that" 1/
It turns out that most Germans conflate the hyperinflation of 1923 with the severe, gold-standard-and-austerity induced deflation of 1932 — and the latter is what brought Hitler to power 2/ delorsinstitut.de/2015/wp-conten…
This scrambled historical memory casts a shadow over Europe to this day 3/
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