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When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany, Paperback/Adam Fergusson - PublicAffairs


When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany, Paperback/Adam Fergusson
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(29-05-2024)
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When Money Dies is the classic history of what happens When a nation\'s currency depreciates beyond recovery.
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 s.
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.
When Money Dies is the classic history of what happens When a nation\'s currency depreciates beyond recovery


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