Books like Dying of money by Jens O. Parsson


First publish date: 1974
Authors: Jens O. Parsson
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Dying of money by Jens O. Parsson

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Books similar to Dying of money (3 similar books)

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πŸ“˜ The creature from Jekyll Island


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End the Fed by 3763678|Ron Paul book cover

πŸ“˜ End the Fed
 by Ron Paul

Ron Paul challenges the Federal Reserve’s role, arguing it is corrupt, unconstitutional, and driving rampant inflation, and urges reform of U.S. monetary policy.

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When Money Dies by 6114427|Adam Fergusson book cover

πŸ“˜ When Money Dies

When Money Dies is the classic history of what happens when a nation's currency depreciates beyond recovery. In 1923, with its currency effectively worthless (the exchange rate in December of that year was one dollar to 4,200,000,000,000 marks), the German republic was all but reduced to a barter economy. Expensive cigars, artworks, and jewels were routinely exchanged for staples such as bread; a cinema ticket could be bought for a lump of coal; and a bottle of paraffin for a silk shirt. People watched helplessly as their life savings disappeared and their loved ones starved. Germany's finances descended into chaos, with severe social unrest in its wake. Money may no longer be physically printed and distributed in the voluminous quantities of 1923. However, "quantitative easing," that modern euphemism for surreptitious deficit financing in an electronic era, can no less become an assault on monetary discipline. Whatever the reason for a country's deficit -- necessity or profligacy, unwillingness to tax or blindness to expenditure -- it is beguiling to suppose that if the day of reckoning is postponed economic recovery will come in time to prevent higher unemployment or deeper recession. What if it does not? Germany in 1923 provides a vivid, compelling, sobering moral tale.

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Some Other Similar Books

The Great Depression: An Economic Apology by L. Randall Wray
Debt: The First 5,000 Years by David Graeber
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The Ascent of Money: A Financial History of the World by Niall Ferguson
The Monopoly of Money by Stephen Zarlenga
Currency Wars: The Making of the Next Global Crisis by James Rickards

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