Waste paper: The German hyperinflation of 1923 - Tapa blanda

Ricci, Simone

 
9798717402231: Waste paper: The German hyperinflation of 1923
Tapa blanda
ISBN 13: 9798717402231
Editorial: Independently published, 2021

Sinopsis

Why it is not possible to print all the money we need? The German hyperinflation of 1923 provides the answer to this question.After the creation of a gold-unbacked mark and the defeat in the First World War, the central bank of the Weimar Republic made some fatal mistakes and lost control of the currency.An incredible amount of paper money was issued and prices ran madly. Only people had invested in certain assets saved their money; many others people plunged into the worst poverty.The consequences were considerable and did not end in those few months. In fact hyperinflation was decisive for the rise of Nazism and today it continues to influence the German mentality, with repercussions on European monetary policy.

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Editorial
Independently published
Año de publicación
2021
Idioma
Inglés
ISBN 13 
9798717402231
Encuadernación
Tapa blanda
Número de páginas
60
Contacto del fabricante
no disponible
Persona responsable
no disponible