When money dies

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This is, I believe, a moral tale. It goes far to prove the revolutionary axiom that if you wish to destroy a nation you must corrupt its currency. Thus must sound money be the first bastion of a society's defence.

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 Weimar 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. In desperation, the Bavarian Prime Minister submitted a Bill to the Reichsrat proposing that gluttony be made a penal offence, his exact definition of a glutton being 'one who habitually devotes himself to the pleasures of the table to such a degree that he might arouse discontent in view of the distressful condition of the population'.

Since its first publication in 1975, When Money Dies has become the classic history of these bizarre and frightening times. Weaving elegant analysis with a wealth of eyewitness accounts by ordinary people struggling to survive, it deals above all with the human side of inflation: why governments resort to it, the dismal, corruptive pestilence it visits on their citizens, the agonies of recovery, and the dark, long-term legacy. And at a time of acute economic strain, it provides an urgent warning against the addictive dangers of printing money -- shorthand for deficit financing -- as a soft option for governments faced with growing unrest and unemployment.

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When Money Dies

Rating: 4.4 / 5 | Prijs: € 19.59

Op voorraad. Voor 23:59 uur besteld, vrijdag in huis .. MEER INFO

When Money Dies

Rating: 4.4 / 5
Prijs: 10.99 Nu voor: € 4.49

Germany in 1914 had one of the world s most prosperous economies by 1923 its currency the mark was worth next to nothing when money dies tells the story in stark human terms of what happens when a currency and a national economy perishes germany increased the circulation of the mark to finance Direct beschikbaar .. MEER INFO

When Money Dies

Rating: 4.4 / 5
Prijs: 19.05 Nu voor: € 17.06

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 ec Op voorraad. Voor 23:59 uur besteld, vrijdag in huis .. MEER INFO

Taal: en

Bindwijze: E-book

Oorspronkelijke releasedatum: 01 september 2010

Aantal pagina's: 283

Ebook Formaat: Adobe ePub

Illustraties: Nee

Hoofdauteur: Adam Fergusson

Hoofduitgeverij: Old Street Publishing

Personage: Geen personage

Lees dit ebook op: Android (smartphone en tablet)

Lees dit ebook op: Kobo e-reader

Lees dit ebook op: Desktop (Mac en Windows)

Lees dit ebook op: iOS (smartphone en tablet)

Lees dit ebook op: Windows (smartphone en tablet)

Extra groot lettertype: Nee

Studieboek: Nee

EAN: 9781906964535

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