Short of perhaps banks running out of money, nothing strikes fear in the heart of the financial world quite like runaway inflation. Images of children making kites out of banknotes, for instance, continue to traumatise German central bankers nearly a century on. “The best way to destroy the capitalist system [is] to debauch the currency,” observed British economist John Maynard Keynes in 1919 - a quote he attributes to Lenin.

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