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.

When money dies: The nightmare of the Weimar collapse

Business & Money

Fergusson, Adam

Economics

Kimber

A record and an indictment. With a foreword by Lord Goodman and introductory rhymes by Sir John Betjeman

The sack of Bath: A record and an indictment;

Arts & Photography

Architecture

Compton Russell Ltd

In this novel, a Scotland of the near future faces a crisis of history, politics, and human passion, of a level unseen since the turbulant 18th century.

Scone: A Likely Tale

Literature & Fiction

Genre Fiction

Sinclair-Stevenson Ltd.

Practical Notes Made During A Tour Of Canada And A Portion Of The United States In 1831 (1834)

This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.

Travel

Kessinger Publishing

<p>This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.</p>

Biographies & Memoirs

Historical

Practical Notes Made During a Tour in Canada: And a Portion of the United States, in Mdcccxxxi

Literary

Nabu Press

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.

Practical Notes Made During a Tour in Canada: And a Portion of the United States, in Mdcccxxxi.

History

Americas

Practical Notes Made During a Tour in Canada: And a Portion of the United States, in MDCCCXXXI

See the best price to sell, buy, or rent books by Fergusson, Adam. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Fergusson, Adam