A timely narrative account of the biggest financial crisis in modern
history and its human consequences by the author of Dresden and The
Berlin Wall. 'Excellent … This is a dramatic story, well told' Wall
Street Journal Many theorists believed a hundred years ago, just as
they did at the beginning of our twenty-first century, that the world
had reached a state of economic perfection, a never before seen
condition of beneficial human interdependence that would lead to
universal growth and prosperity. And yet the early years of the Weimar
Republic in Germany witnessed the most complete and terrifying
unravelling of a major country's financial system to have occurred in
modern times. The story of the Weimar Republic's financial crisis has
a clear resonance in the second decade of the twenty-first century,
when the world is anxious once more about what money is, what it means
and how we can judge if its value is true. The Downfall of Money will
tell anew the dramatic story of the hyperinflation that saw the
once-solid German mark, worth 4.2 to the dollar in 1914, trading at
over four trillion by the autumn of 1923. It is a trajectory of events
uncomfortably relevant for today's uncertain world. The Downfall of
Money will reveal the real causes of the crisis, what this collapse
meant to ordinary people, and also trace its connection to Germany's
subsequent catastrophic political history. By drawing on a wide range
of sources and making sense for the general reader of the vast amount
of specialist research that has become available in recent decades, it
will provide a timely, fresh and surprising look at this chilling
period in history.
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Produktdetaljer
ISBN
9781408839928
Publisert
2015
Utgave
1. utgave
Utgiver
Vendor
Bloomsbury Publishing
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter