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📱 eBook en inglés WHEN MONEY DIES

OLD STREET PUBLISHING - 9781906964535

Sinopsis de WHEN MONEY DIES

This is, I believe, a moral tale. It goes far to prove the revolutionary axiom that if you wish to destroy a nation you must corrupt its currency. Thus must sound money be the first bastion of a societys defence.
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 Weimar 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. In desperation, the Bavarian Prime Minister submitted a Bill to the Reichsrat proposing that gluttony be made a penal offence, his exact definition of a glutton being one who habitually devotes himself to the pleasures of the table to such a degree that he might arouse discontent in view of the distressful condition of the population.
Since its first publication in 1975, When Money Dies has become the classic history of these bizarre and frightening times. Weaving elegant analysis with a wealth of eyewitness accounts by ordinary people struggling to survive, it deals above all with the human side of inflation: why governments resort to it, the dismal, corruptive pestilence it visits on their citizens, the agonies of recovery, and the dark, long-term legacy. And at a time of acute economic strain, it provides an urgent warning against the addictive dangers of printing money -- shorthand for deficit financing -- as a soft option for governments faced with growing unrest and unemployment.

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Escrito por Adam Fergusson


Adam Fergusson se graduó en historia en Cambridge y trabajó como periodista para el "Glasgow Herald", "The Statist" y "The Times". Ha sido miembro del Parlamento Europeo y asesor especial del Foreign Office. Pertenece a la Royal Society of Literature.
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Ficha técnica


Editorial: Old Street Publishing

ISBN: 9781906964535

Idioma: Inglés

Fecha de lanzamiento: 31/08/2010

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