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When Money Dies

The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany

Adam Fergusson

When Money Dies is the classic history of what happens when a nation's currency depreciates beyond recovery.In 1923, with its currency effectively worthless (the exchange rate in December of that year was one dollar to 4,200,000,000,000 marks), the German republic was all but reduced to a barter economy. Expensive cigars, artworks, and jewels were ...
Publish Date
2010
October 12
First Published in 1975
Goodreads rating
3.78
ISBN
9781586489946
Recommendations
1
Recommendations
Jun 11, 2020
Some books to learn more: Big Debt Crises by @RayDalio The Price of Tomorrow by @JeffBooth This Time is Different by @carmenmreinhart & @krogoff The Rise and Fall of Great Powers by Paul Kennedy When Money Dies by Adam Fergusson The Bitcoin Standard by @saifedean Enjoy.      source