Imagen del editor
Título: When money dies: The nightmare of the Weimar...
Año de publicación: 1975
Condición del libro: Acceptable
May contain light to heavy markings, water damage, binding damage, missing CDs, and heavy wear and tear. Contains all pages. International Customers: Items over 3 lbs may incur additional shipping charges. N° de ref. de la librería mon0000569736
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.
Daily Express (London)
?Engrossing and sobering.?
Allen Mattich, Wall Street Journal, October 1, 2010
?One of the most blood chilling economics books I?ve ever read.?
Wall Street Journal, January 30, 2011
?Every body ought to read this book. But baby boomers must.?
?a brilliant account of how Germany's Weimar Republic was consumed by hyperinflation.?
Opciones de pago
Esta librería acepta las siguientes opciones de pago:
Librería en AbeBooks desde: 27 de marzo de 2009
We guarantee the condition of every book as it's described on the Abebooks web
sites. If you're dissatisfied with your purchase (Incorrect Book/Not as
Described/Damaged) or if the order hasn't arrived, you're eligible for a refund
within 30 days of the estimated delivery date. If you've changed your mind about a
book that you've ordered, please use the Ask bookseller a question link to contact
us and we'll respond within 2 business days.
International packages exceeding 3 lbs may require additional postage.
Descripción de la librería: Dream Books Company launched in 2008 with a dream of providing customers books with the highest standard of customer service.