Waste paper: The German hyperinflation of 1923 - Brossura

Ricci, Simone

 
9798717402231: Waste paper: The German hyperinflation of 1923
Brossura
ISBN 13: 9798717402231
Casa editrice: Independently published, 2021

Sinossi

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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Editore
Independently published
Data di pubblicazione
2021
Lingua
Inglese
ISBN 13 
9798717402231
Rilegatura
Copertina flessibile
Numero di pagine
60
Contatto del produttore
non disponibile
Persona responsabile
non disponibile