ISBN10: 1586489941, ISBN13: 9781586489946, [publisher: PublicAffairs,U.S., New York] Softcover Paperback. 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. Originally published in 1975 by W. Kimber. Shipping may be from multiple ...
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ISBN10: 1586489941, ISBN13: 9781586489946, [publisher: PublicAffairs,U.S., New York] Softcover Paperback. 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. Originally published in 1975 by W. Kimber. Shipping may be from our UK ...
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ISBN10: 1586489941, ISBN13: 9781586489946, [publisher: PublicAffairs] Softcover New Book. Shipped from UK. Established seller since 2000.
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ISBN10: 1586489941, ISBN13: 9781586489946, [publisher: PublicAffairs] Softcover 2010. Paperback. . . . . .
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ISBN10: 1586489941, ISBN13: 9781586489946, [publisher: PublicAffairs] Softcover Befriedigend/Good: Durchschnittlich erhaltenes Buch bzw. Schutzumschlag mit Gebrauchsspuren, aber vollständigen Seiten. / Describes the average WORN book or dust jacket that has all the pages present.
[Berlin, Germany] [Publication Year: 2010]

ISBN10: 1586489941, ISBN13: 9781586489946, [publisher: INGRAM PUBLISHER SERVICES US] Softcover New copy - Usually dispatched within 4 working days.
[Southport, United Kingdom] [Publication Year: 2010]

PublicAffairs,U.S. 2010 Trade paperback New 2010. Paperback......We ship daily from our Bookshop.

ISBN10: 1586489941, ISBN13: 9781586489946, [publisher: Little, Brown 2010-10-12, New York] Softcover Language: ENG
[London, United Kingdom] [Publication Year: 2010]

Public Affairs, Date: 2010. Paperback. New. 1st edition. 288 pages. 8.25x5.50x0.75 inches. 2010. Public Affairs ISBN 1586489941 9781586489946 [GB]

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PublicAffairs 10/12/2010 Paperback or Softback New in New jacket When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany (Paperback or Softback)

PublicAffairs,U.S. 2010 Trade paperback Very good Signs of little wear on the cover.

PublicAffairs 2010 Paperback Very good Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!

PublicAffairs 2010 Paperback Very good Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!

PublicAffairs 2010 Paperback Very good Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!

PublicAffairs,U.S. 2010 Trade paperback New Special order direct from the distributor.

PublicAffairs,U.S. 2010 Trade paperback Very Good Very Good condition. A copy that may have a few cosmetic defects. May also contain light spine creasing or a few markings such as an owner's name, short gifter's inscription or light stamp. Bundled media such as CDs, DVDs, floppy disks or access codes may not be included.