British historian Taylor (Dresden) adds to a solid body of work on 20th-century Germany with this chilling account of the human face of hyperinflation in the 1920s Weimar Republic. Many blame the ...
Hyperinflation describes an unsustainable period of economic dysfunction characterized by price increases of at least 50% per month. These times of rapid, intense and destructive currency devaluation ...
In November 1923, there were 4,210,500,000,000 German marks to the dollar. 4.2 trillion. In lay economics, 1 : 4.2 trillion equals worthless. Such a ruinous currency devaluation exacts steep psychic ...
In the early 1920s, the value of the papiermark (the native currency of the Weimar Republic of Germany) lost almost all of its purchasing power, causing tremendous instability within Weimar for many ...
Almost two thousand years before the early 1920s Weimar Germany hyperinflation, there was the great currency debasement of the Roman Empire. At the turn of the second century, the Roman Empire ...
Commanding Heights : The German Hyperinflation, 1923 | on PBS ...
Historian Ullrich (Eight Days in May) argues in this comprehensive chronicle of a tumultuous year in German history that the Weimar Republic was “not condemned to failure from its onset.” Significant ...
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