Repeating+History??

ARE WE REPEATING HISTORY?

Analyzation: Shows and questions if we really are repeating history.

There is the time we had during the late 1920's where there was a period called the Great Depression. The Great Depression was caused right after World War 1 because countries, mostly European, used too much in war or had to pay the debts of what they caused. In Germany there was an act of Inflation. Germany decides to print more and more money and in conclusion, caused a crisis. In conclusion Germany's money and value dropped to the ground. THe Germans needed more and more to gain supplies and the inflation process was counted as a fail.

 Analyzation: Shows hardships of the Great Depression.

However, the Great Depression was in the past. But isn't so weird that the present world today is going through inflation and deflation in individual countries? The progress that made the Great Depression are the progresses that we are making now. Some countries are inflating money that their money has no value and others are deflating. Are we just a few steps away from creating a Great Depression 2? If the world continues to inflate and deflate, there is a very high chance that the Great Depression is going to occur again. If inflating and deflating led to a Great Depression in history, why wouldn't it now?