When Money Dies
The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany
Adam Fergusson
Explore the dire consequences of a nation's currency losing all value in When Money Dies. In 1923 Germany, the currency became so worthless that people traded expensive items like art and jewelry for basic necessities like bread. This book examines the socioeconomic chaos that ensued, with severe social unrest and widespread famine. Although the modern era of electronic monetary transfers may seem worlds away, the dangers of unchecked deficit spending remain as relevant as ever. With its powerful moral tale, When Money Dies offers an illuminating look at one society's undoing.
Дата публикации
2010-01-01T00:00:00.000Z
2010-01-01T00:00:00.000Z
впервые опубликовано в 1975
Рейтинг Goodreads
3.79
ISBN
9781586489946
Категории
Рекомендации
1
Рекомендации
2020-06-11T04:10:10.000Z
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. – источник