Bøger af Costantino Bresciani-Turroni

The currency depreciation of the German mark of 1914-23, which is the subject of this work, is one of the outstanding episodes in the history of the twentieth century. Economics of Inflation: A Study of Currency Depreciation in Post-War Germany as a study of hyperinflation has never been surpassed. The same is true of the detailed examination of the rise of hyperinflation in German in the interwar period: there is not anything more authoritative. It is a huge study, 466 pages, with a fantastic amount of data and statistical analytics. But the narrative too is very exciting and infused with a thorough understanding of the impact of dramatic monetary expansion. It affects not only prices but also capital structures, political events, and the structure of society itself. Hitler did not emerge in a vacuum. Bresciani-Turroni covers the essential prehistory of a world-wide calamity. This volume is thorough, authoritative, and riveting in every respect - the achievement of a lifetime to last the ages...

"This is the most comprehensive and authoritative account of the great German inflation from 1914 to 1923." -Henry HazlittThe Economics of Inflation: A Study of Currency Depreciation in Post-War Germany (1931), by Costantino Bresciani-Turroni is a widely-regarded study of the rise of hyperinflation in Germany between the two world wars. It is often considered unsurpassed or the clarity of its description of the effects of monetary expansion. Moreover, the data and statistical analysis it provides take the reader well beyond such fundamental knowledge to provide a critical understanding of the origins of the global disasters-the Great Depression, the rise of Fascism, and the Second World War-that ensued.Readers interested in history and finance will find this a fascinating study.