Correction April 2, 2009
We said, "[T]here is burned into the memory of all of Europe, especially Germany, the years in the 1930s when they had inflation." Hyperinflation in Germany was ended in 1923, with the creation of the rentenmark.
This week found President Obama up to his ears in budget negotiations and proposing tough new oversight of financial institutions. But he also had to deal with other pressing issues, like the war in Afghanistan and North Korea flexing its muscles.
Host Scott Simon reviews the week in the news with NPR Senior News Analyst Daniel Schorr.