EPISODE · Dec 11, 2020 · 46 MIN
When Money Dies
from The Human Action Podcast · host Mises Institute
Ryan McMaken joins the show to discuss Adam Fergusson's seminal history of Weimar-era hyperinflation in Germany, When Money Dies. Americans accustomed to the dollar's king status have no idea how quickly and brutally a currency can lose value, especially when war finance distorts the entire structure of a nation's economy. What follows is sobering: hunger, violence, crime, and degradation. This fascinating book makes for a great study of how and why inflation rises quickly, and provides a cautionary tale for central banks and fiscal policy makers today. Plus listen to the show for a link to your free copy of the book! Read Hans Sennholz on Hyperinflation at Mises.org/HyperInflation Find Henry Hazlitt's What You Should Know About Inflation at Mises.org/InflationHazlitt Read Lyn Alden's article on inflation at Mises.org/Alden
What this episode covers
Ryan McMaken joins the show to discuss Adam Fergusson's seminal history of Weimar-era hyperinflation in Germany, When Money Dies. Americans accustomed to the dollar's king status have no idea how quickly and brutally a currency can lose value, especially when war finance distorts the entire structure of a nation's economy. What follows is sobering: hunger, violence, crime, and degradation. This fascinating book makes for a great study of how and why inflation rises quickly, and provides a cautionary tale for central banks and fiscal policy makers today. Plus listen to the show for a link to your free copy of the book! Read Hans Sennholz on Hyperinflation at Mises.org/HyperInflation Find Henry Hazlitt's What You Should Know About Inflation at Mises.org/InflationHazlitt Read Lyn Alden's article on inflation at Mises.org/Alden
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When Money Dies
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