Excerpt from Paper Money by "Adam Smith," (George J.W. Goodman), pp. 57-62. Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership ...
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 ...
Periods of hyperinflation pepper the history of countries all over the world due to government overspending, wars, corruption and the excessive printing of money until the paper itself is worth more ...
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