US Money Reserve Presents Examples of Hyperinflation: Weimar Republic Germany

Inflation can be like a fire, if left unattended. At first, it might only lead to you purchasing generics, but then it might lead to you cutting back on the essentials. That is why the Federal Reserve (Fed) has a key inflation target of 2%.

 

Inflation can destroy consumers, businesses and nations. The US Money Reserve presents an example of hyperinflation: Weimar Republic Germany. Is America next?

 

German Hyperinflation

 

The Federal Reserve was created back in 1913 to prevent inflation from getting out of control. Inflation can sop individuals, businesses and governments. Consumers might no longer be able to afford basic goods.

 

Businesses have a tough time properly budgeting for their purchases with rising inflation. Sometimes, during hyperinflation, they are forced to change their merchandise prices every few hours. This creates chaos.

 

When prices rise quickly, the citizens lose faith in the government. And, this is what happened in Germany after World War I.

 

Worthless Paper Money

 

As with any lost war, the losing side is usually penalized. When Germany lost World War I, it gave up territory and made reparations payments to Great Britain and France. The installed German government was called the Weimar Republic.

 

The economy was in turmoil. It was difficult enough losing the war, but the world was also about to enter the Great Depression. Germany had a paper fiat currency and eventually it suffered from hyperinflation.

 

The well-established danger of paper fiat currencies is based on government debt. When a debt is denominated in a certain figure, let us say 100,000 – then all that governments need to do is print more paper currency. They have more paper currency and can more easily pay off their debt of 100,000.

 

The absolute number of 100,000 debt has not changed, but the printing of money has reduced the value of the 100,000. It is like a magician’s trick. That is why some think that paper fiat currency is less reliable than gold.

 

As more fiat currency was printed, German stores raised their prices. Eventually, Germans were bringing wheelbarrows of paper fiat currency to pay for common goods. This was a classic case of hyperinflation.

 

Gold Store of Wealth

 

The US Money Reserve has an answer for inflated fiat currency. You don’t need a wheelbarrow of dollars, you can find a reasonable amount and peruse the redone website. This makes it easy for you to find the gold and silver coins, you need.

 

Gold and silver cannot be printed by governments. US Money Reserve President Philip Diehl understands this. He has worked at the US Mint so he has very good connections.

 

Inflation increases can hurt everyday life. If it is left unchecked, it can destroy nations, like Germany before World War II. How many Germans wished they owned gold or silver coins, instead of worthless paper fiat currency?

 

Plenty of Americans have already traded their paper currency for gold and silver coins. These coins are beautiful. Gold and silver coins are tools to help you combat hyperinflation.

The entrepreneur and investor Mike Baur.

Mike Baur is a Swiss national. Mike grew up in Freiburg, Switzerland. He is a well-known businessman and entrepreneur. He attended Bern University and the University of Rochester where he pursued a degree in business. His career in banking began when he was no less than a teenager. He became a Union Bank of Switzerland apprenticed in 1991 when he was 16 years old. The Wall Street Journal termed him as a young finance expert. His career from that point on had been mapped out to be a series of promotions. The hiring manager at the time expected Baur to rise through the ranks of UBS firm. But this was not the be as Baur’s career took a series of turns that led him towards his firm.

Baur spent the early parts of his career at UBS. All through the 90s he worked his way up and was appointed to a critical advisory position before he was 30 years of age. Mike gave advise to wealthy investors across different platforms. He rubbed shoulders with some of the wealthiest men in Switzerland. Baur quit UBS in 2008 despite the profound success he’d had in the firm. He moved on to work for a Zurich based bank called Clariden Leu. He stayed with the bank for a period of up to eight years holding a high ranking position. The post-recession banking market seemed less appealing to Baur as more banks devoted significant portions of resources to go through red tapes. The wealth management expert decided to branch out on his own, pursuing his new found passion for helping tech entrepreneurs.

Mike Baur founded Swiss Startup Factory in 2014 with the intention of pursuing this new found passion. He partnered with Max Meister who is also an alumnus of Bern University. The company’s program aims to benefit Swiss entrepreneurs by mentoring and training them. They also provide funding to startups that show real promise. The startup founders are educated on marketing their products and services on a global scale. When the program is complete, the participants should be able to fish for investors on their own accord. This service tremendously increases the possibility of success in any startup.

Mike also created a firm known as Think Reloaded which provides financial guidance to affluent clients. He also serves as a member of the board at BV4. Baur has made it possible for many upcoming entrepreneurs with startup get a fighting chance in the dog eat dog world that is business.

 

OSI Food Solutions Doubles Chicken Production

OSI Food Solutions is a global supplier of various categories of food products with its corporate headquarters located in Aurora, Illinois. OSI is directed by David McDonald, its President and Chief Operating Officer. OPI supplies natural and organic foods to diverse types of food establishments around the world. As a global corporation that is privately owned and operated, OSI manages successful industry plants in more than 17 countries which includes the United States, Europe, and Asian Pacific regions.

OSI carries a reputation for operating their food plants in sterilized environments and is a safe place to work for their employees. Due to these operating techniques, the OSI corporation has been awarded many awards throughout their years of operation. OSI Food Solutions is growing exponentially because of their smart acquisitions in the U.S. and globally. In 2016, OSI purchased Tyson Foods in Chicago and the European Baho Food Company manufacturing plant.

In the following year, 2017, OSI acquired additional manufacturing establishments in Germany and Europe. In addition to acquiring large food manufacturing plants, OSI also owns many private labels and co-packs under different brand names in the food service industries. Recently, OSI Food Solutions met the consumption needs for chicken products in Spain and Portugal. Both countries increased their chicken consumption needs over the past three years.

OSI Food Solutions quickly stepped up and met each countries requirement for chicken products. OSI has built a vast production center with innovative equipment, testing kitchens to develop new products for that region and provide many new job opportunities at every level. When the plant in Spain was complete, OSI Food Solutions had produced a new annual line of chicken measuring in the tons and is continuing to increase the product along with beef and pork.

Not only does OSI operate under sustainability principles, but wherever they have their plants, they help to boost the economy three-fold. To show how imperative OSI Food Solutions are about their developing and manufacturing principles, each nation that they operate in awards the corporation with the highest certified standards due to their social and agricultural development and responsibility. Spain’s regional government welcomed OSI Food Solutions to the country with financial support and they awarded OSI with their local Chamber of Commerce recognition for its commitment to employment.

For more visit: https://www.forcepoint.com/de/resources/case-study/osi-food-solutions