Friday, April 4, 2008

Hyperinflation in 1923 Germany

I came across a study about the 1923 hyperinflation in Germany, its impact on investors, on regular people and its political implications. It was originally published in 1970 and it includes a short analysis of the economic environment in the US at that time, as well as a forecast, which - now we know - was strikingly accurate:

Hyperinflation in 1923 Germany

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