If the deflation of 1930-1932 brought Hitler to power, why should Germans fear inflation?

(written by Lawrence Krubner, however indented passages are often quotes)

Hitler got elected after deflation hit Germany in 1930-1932. So why do people cite the inflation of 1923?

Joe Weisenthal tells us about an analyst willing to risk a Godwin’s Law citation; Dylan Grice of SocGen points out that it was the deflationary policies of 1930-32, not the inflation of 1923, that brought you-know-who to power.

Indeed. When we hear assertions that Germans are deeply hostile to loose money because of their historical memories, I always wonder why those memories are so selective. Why is 1923 seared into collective memory, while the Brüning disaster has apparently gone down the memory hole?

This is important — and there’s not much time to get the record straight.