One hundred years ago, the Germans suffered horrible hyperinflation. From a value of 4.2 to the dollar in 1914, the German mark depreciated to 4.2 trillion to the dollar by November 1923. In essence, ...
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 ...
In 1923, the collapse of the Weimar Republic’s economy impoverished millions and gave Adolf Hitler his first chance at seizing power Adam Bisno - Author, Big Business and the Crisis of German ...
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 ...
In his latest book, the German historian Volker Ullrich describes a nation buffeted by poverty, hyperinflation and political extremism, but managing — for the moment — to thwart Hitler’s ascent. By ...