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substantial-freud t1_irps2qu wrote on October 10, 2022 at 2:37 AM

Reply to comment by NewClayburn in TIL about Operation Bernhard. During WWII, Germany attempted to bring about the collapse of the British economy by forging ≈£130 million in British bank notes. The notes are considered among the most perfect counterfeits ever produced, and are very difficult to differentiate from legitimate notes. by rkadeYT

It’s about quantity.

If the quantity of money in circulation doubled, the purchasing power halves — and everyone loses faith in the currency.

“The best way to destroy the capitalist system is to debauch the currency.” — John Maynard Keynes