When Money Dies
When Money Dies
Adam Fergusson
Barry Silbert
Must read for bitcoiners (and bitcoin skeptics for that matter). - Barry Silbert
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When Money Dies

When Money Dies: The Nightmare of the Weimar Hyper-inflation

Adam Fergusson
By
Adam Fergusson
3.8
1849
ratings on Goodreads

Amidst the ruins of post-World War I Germany, "When Money Dies" by Adam Fergusson unfolds a harrowing tale of economic despair and societal collapse. With meticulous detail, Fergusson chronicles the catastrophic hyperinflation that engulfed Germany in 1923, when the mark became so devalued that people needed wheelbarrows full of cash to buy basic necessities. Through vivid anecdotes and rigorous analysis, the book captures the surreal reality of a nation where currency lost all meaning, savings evaporated overnight, and the fabric of society was torn apart by the relentless decline of financial stability. Fergusson not only recounts the historical specifics of the German crisis but also draws alarming parallels with contemporary economic practices. "When Money Dies" serves as a stark warning about the dangers of fiscal irresponsibility and the illusion of infinite monetary expansion. As we navigate through an era of unprecedented monetary policy and digital finance, this book emerges as a crucial reflection on the principles of monetary discipline and the intrinsic value of currency. By exploring the depths to which a country can fall through financial mismanagement, Adam Fergusson delivers a compelling moral tale on the necessity of prudent economic stewardship.

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Released
1975
1 Jan
Length
288
Pages

1

recommendations

recommendation

Must read for bitcoiners (and bitcoin skeptics for that matter). - Barry Silbert
In both countries rapid inflation caused homegrown produce to be withheld from the urban markets, with hunger and anger the inevitable result.
— Adam Fergusson, When Money Dies

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