#Germany and a historical misunderstanding:
#hyperinflation: 1921-1924 vs. #deflation: 1930-1932 - The period after 1933 and its consequences were much more devastating due to #Brüning's #austerity policy, chart @diw.de interview (must-read)
https://www.diw.de/de/diw_01.c.932566.de/100_jahre_diw/von_den_brueningschen_notverordnungen_bis_zum_sondervermoegen.html