When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany [Audiobook] download free by Adam Fergusson

When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany Audiobook download free by Adam Fergusson
  • Listen audiobook: When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany
  • Author: Adam Fergusson
  • Release date: 2010/8/23
  • Publisher: THE PERSEUS BOOKS GROUP
  • Language: English
  • Genre or Collection: Business, Finance and Law
  • ISBN: 9781586489946
  • Rating: 7.64 of 10
  • Votes: 328
  • Review by: Gertrudis Benson
  • Review rating: 7.75 of 10
  • Review Date: 2018/11/1
  • Duration: 3H39M in 256 kbps (57.6 MB)
  • Date of creation of the audiobook: 2018-09-05
  • You can listen to this audiobook in formats: MP3, OGG, MPEG-4 SLS, WAV, MPEG4, MPEG-4 DST, FLAC, WMA (compression RAR, CHM, DMG, ZIP)
  • Total pages original book: 288
  • Includes a PDF summary of 23 pages
  • Duration of the summary (audio): 16M22S (4.6 MB)
  • Description or summary of the audiobook: 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.
  • Other categories, genre or collection: Finance
  • Download servers: Uploaded, SpiderOak, FileServe, BitShare, FreakShare. Compressed in RAR, CHM, DMG, ZIP
  • Format: Paperback
  • Approximate value: 16.47 USD
  • Dimensions: 140x210x20mm
  • Weight: 294.84g
  • Printed by: PublicAffairs,U.S.
  • Published in: New York, United States

Download audiobook in:



Option 0

Option 1

Option 2

Option 3

Option 4

Option 5

Vote:

More audiobooks of 2010

More audiobooks in language English