Deflation in Germany, 1929-1932

Watch all the videos at http://www.goldmoney.com/money-history. Marion Mueller (AEMP), in collaboration with the GoldMoney Foundation, visits the Bundesbank's Geldmuseum (Money Museum) in Frankfurt and explains the interwar deflation in Germany, which caused massive unemployment an set the stage for the rise of Nazism. Fiat Money and fractional reserve banking allow huge swings in money supply, which can contract or expand very rapidly without the restraint of the gold standard. These fluctuations have dire social and economic consequences.