The Economics of Inflation: A Study of Currency Depreciation in Post-War Germany, 1914-1923
Author | : | |
Rating | : | 4.70 (699 Votes) |
Asin | : | 0415313929 |
Format Type | : | paperback |
Number of Pages | : | 466 Pages |
Publish Date | : | 2013-04-08 |
Language | : | English |
DESCRIPTION:
"Good book; a bit tough going without an economics degree" according to Herbert Hoover. The English translation was published in 19Good book; a bit tough going without an economics degree The English translation was published in 1937, so the language is a bit old fashioned, with terms like "milliard" instead of billion. Basically an advanced economics text, I found the going on this rather slow. Some of the graphs are really arresting, such as the one of the Deutchmark in late 1923 which looks scarily like the Nasdaq in 2000.Bresciani-Turroni's chapter on the social implications of the Weimar inflation is compelling; his. 7, so the language is a bit old fashioned, with terms like "milliard" instead of billion. Basically an advanced economics text, I found the going on this rather slow. Some of the graphs are really arresting, such as the one of the Deutchmark in late 192Good book; a bit tough going without an economics degree The English translation was published in 1937, so the language is a bit old fashioned, with terms like "milliard" instead of billion. Basically an advanced economics text, I found the going on this rather slow. Some of the graphs are really arresting, such as the one of the Deutchmark in late 1923 which looks scarily like the Nasdaq in 2000.Bresciani-Turroni's chapter on the social implications of the Weimar inflation is compelling; his. which looks scarily like the Nasdaq in 2000.Bresciani-Turroni's chapter on the social implications of the Weimar inflation is compelling; his. Economics of Inflation Craig L. Mccarty This book is a MUST READ by any serious investor particulary in our times. The author was an Italian economist stationed in Berlin during the whole Wiemar Republic. What more credible source does one want?Yes, the book is heavy trudging. Yes, the language is antiquated by U.S. terms. But the graphs (oh, the graphs are STUPENDOUS) for they clearly demonstate how a fiat currency (e.g. the USD) can exponetually evaporate in very short orde
The analysis is supported by extensive statistical material. * For this translation the author thoroughly revised the original work * Includes an appendix on German economic conditions in the years following the monetary reform, 1923-24. The Economics of Inflation provides a comprehensive analysis of economic conditions in Germany under the Great Inflation and discusses inflationary conditions in general