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

Name: When Money Dies The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany
Price: 7.61 USD
Availability: InStock
ISBN: 9781586489946

ISBN-10: 1586489941

ISBN-13: 9781586489946

Edition: 2010

Authors: Adam Fergusson

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Description:

When Money Diesis the classic history of what happens when a nationrs"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. Germanyrs"s finances descended into chaos, with severe social unrest in its wake. Money may no longer be physically…

Book details

List price: $14.95
Copyright year: 2010
Publisher: PublicAffairs
Publication date: 10/12/2010
Binding: Paperback
Pages: 288
Size: 5.50" wide x 8.25" long x 0.75" tall
Weight: 0.946
Language: English



Note to the 2010 edition


Prologue



Gold for Iron



Joyless Streets



The Bill Presented



Delirium of Milliards



The Slide to Hyperinglation



Summer of'22



The Hapsburg Inheritance



Autumn Paper-chase



Ruhrkampf



Summer of'23



Havenstein



The Bottom of the Abyss



Schacht



Unemployment Breaks Out



The Wounds are Bared


Epilogue


Acknowledgments


Bibliography


Index