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Did inflation cause World War 2?

Inflation was not the direct cause of World War II, but it was a contributing factor in the events leading up to the war. The global economic crisis of the 1930s, which was characterised by high levels of inflation and unemployment, created conditions that were conducive to the rise of authoritarian regimes and the outbreak of war.

During the 1930s, many countries around the world were struggling with high levels of inflation and unemployment. This was particularly true in Germany, where the government’s efforts to pay off its war debts and fund its military operations through the printing of large amounts of money led to skyrocketing prices and widespread economic turmoil.

The economic crisis of the 1930s created a climate of political instability and discontent, which was exploited by authoritarian leaders who promised to restore order and national pride. In Germany, Adolf Hitler and the Nazi Party were able to tap into the widespread frustration and anger to rise to power and launch a campaign of aggressive expansion and territorial conquest.

While inflation was not the direct cause of World War II, it was a contributing factor in the events leading up to the war. The economic crisis of the 1930s created conditions that were conducive to the rise of authoritarian regimes and the outbreak of conflict.

“There is no better teacher than history in determining the future… There are answers worth billions of dollars in a $30 history book.” – Charlie Munger

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