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When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflat

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eBay-objectnummer:362719945523
Laatst bijgewerkt op 21 mei 2024 08:17:41 CESTAlle herzieningen bekijkenAlle herzieningen bekijken

Specificaties

Objectstaat
Nieuw: Een nieuw, ongelezen en ongebruikt boek in perfecte staat waarin geen bladzijden ontbreken of ...
ISBN
1586489941
EAN
9781586489946
Binding
TP
Book Title
When Money Dies : The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany
Item Length
8.4in
Publisher
Public Affairs
Publication Year
2010
Format
Trade Paperback
Language
English
Item Height
0.9in
Author
Adam Fergusson
Genre
Business & Economics, History
Topic
Economic History, Europe / Germany, Social History
Item Width
5.6in
Item Weight
9.3 Oz
Number of Pages
288 Pages

Over dit product

Product Information

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 routinely exchanged for staples such as bread; a cinema ticket could be bought for a lump of coal; and a bottle of paraffin for a silk shirt. People watched helplessly as their life savings disappeared and their loved ones starved. Germany's finances descended into chaos, with severe social unrest in its wake. Money may no longer be physically printed and distributed in the voluminous quantities of 1923. However, "quantitative easing," that modern euphemism for surreptitious deficit financing in an electronic era, can no less become an assault on monetary discipline. Whatever the reason for a country's deficit -- necessity or profligacy, unwillingness to tax or blindness to expenditure -- it is beguiling to suppose that if the day of reckoning is postponed economic recovery will come in time to prevent higher unemployment or deeper recession. What if it does not? Germany in 1923 provides a vivid, compelling, sobering moral tale.

Product Identifiers

Publisher
Public Affairs
ISBN-10
1586489941
ISBN-13
9781586489946
eBay Product ID (ePID)
102915897

Product Key Features

Book Title
When Money Dies : The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany
Author
Adam Fergusson
Format
Trade Paperback
Language
English
Topic
Economic History, Europe / Germany, Social History
Publication Year
2010
Genre
Business & Economics, History
Number of Pages
288 Pages

Dimensions

Item Length
8.4in
Item Height
0.9in
Item Width
5.6in
Item Weight
9.3 Oz

Additional Product Features

Reviews
"Daily Express" (London) "Engrossing and sobering." Allen Mattich, "Wall Street Journal," October 1, 2010 "One of the most blood chilling economics books I've ever read." "Wall Street Journal," January 30, 2011 "Every body ought to read this book. But baby boomers must." "The Guardian" "a brilliant account of how Germany's Weimar Republic was consumed by hyperinflation.", Daily Express (London) "Engrossing and sobering." Allen Mattich, Wall Street Journal , October 1, 2010 "One of the most blood chilling economics books I've ever read." Wall Street Journal , January 30, 2011 "Every body ought to read this book. But baby boomers must." The Guardian "a brilliant account of how Germany's Weimar Republic was consumed by hyperinflation."
Lccn
2010-934662
Dewey Decimal
330.943085
Intended Audience
Trade
Dewey Edition
22
Illustrated
Yes

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