LiveZilla Live Chat Software
Importitall
Register/Login Login Contact UsContacts BlogBlog
Cart Items : 0 | Cart Total : R0
USA Categories
Site Security
Books > Business & Money > Economics > Economic History > 1586489941
  1. When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany
    Image(s) provided for illustrative purposes and may differ from the actual product
  2. When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany

    [1586489941]
    Delivery: 10-20 Working Days
    Price R362.00

     pinterest 
Additional 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.

Similar Products

The Downfall of Money: Germany's Hyperinflation and the Destruction of the Middle ClassThe Forgotten Man: A New History of the Great DepressionMoney and Tough Love: On Tour with the IMF (Writers in Residence)The Downfall of Money: Germany's Hyperinflation and the Destruction of the Middle ClassSimply Complexity: A Clear Guide to Complexity TheoryThe Forgotten Man: A New History of the Great DepressionThe Death of Money: The Coming Collapse of the International Monetary SystemThe Road to Ruin: The Global Elites' Secret Plan for the Next Financial CrisisCurrency Wars: The Making of the Next Global CrisisThe New Case for Gold
Specifications

Country
USA
Author
Adam Fergusson
Binding
Paperback
Brand
Brand: PublicAffairs
EAN
9781586489946
Edition
1
Feature
Used Book in Good Condition
ISBN
1586489941
Label
PublicAffairs
Manufacturer
PublicAffairs
NumberOfItems
1
NumberOfPages
288
PublicationDate
2010-10-12
Publisher
PublicAffairs
ReleaseDate
2010-10-12
SKU
11302011new_2133
Studio
PublicAffairs
Please Note

The authorised South African distributor of this product is under no obligation to honour the manufacture's guarantees/warranties or to provide after-sales service.

Please note that this item is imported from the USA, and is designed to be used in the USA. In addition, if the unit is powered it will come with a US plug and an adapter/transformer may be required. Please click here for more information on power requirements, or check with us if you are unsure or need any assistance!

Please also note that certain items cannot be imported, these include Alcohol, Animals, Batteries, Flammable Materials, Currency, Food, Furs, Chemicals, Explosives, Medications, Plants, Seeds, Supplements, Pressurized Cans, Tactical Equipment, Vitamins, Weaponry and Weaponry Accessories. In these cases, the item and information is displayed for reference purposes only. If you are not sure if we are permitted to bring an item, please send us an e-mail with a link to the item to confirm.

Please also ensure that you are ordering the correct item for your particular application as returns to the USA are costly. Product reviews are also provided for most of our items, which can give you a good idea for possible things to look out for and the quality of the item. By clicking Add to Cart, you are confirming that the item is correct and you accept the conditions listed here.