N********n
发帖数: 8363 | 1 What has the Weimar Republic tragedy taught us?
By Ambrose Evans-Pritchard
Ebay is offering a well-thumbed volume of "Dying of Money: Lessons of the
Great German and American Inflations" at a starting bid of $699 (shipping
free.. thanks a lot).
The crucial passage comes in Chapter 17 entitled "Velocity". Each big
inflation -- whether the early 1920s in Germany, or the Korean and Vietnam
wars in the US -- starts with a passive expansion of the quantity money.
This sits inert for a surprisingly lo | A*V
发帖数: 3528 | 2 贴本老书, 内容和这篇类似.
When Money Dies: The Nightmare of the Weimar Collapse
by ADAM FERGUSSON
WILLIAM KIMBER — LONDON, 1975
http://www.wolf1168.us/misc/Articles%20of%20Interest/When%20Money%20Dies.pdf
on
【在 N********n 的大作中提到】
: What has the Weimar Republic tragedy taught us?
: By Ambrose Evans-Pritchard
: Ebay is offering a well-thumbed volume of "Dying of Money: Lessons of the
: Great German and American Inflations" at a starting bid of $699 (shipping
: free.. thanks a lot).
: The crucial passage comes in Chapter 17 entitled "Velocity". Each big
: inflation -- whether the early 1920s in Germany, or the Korean and Vietnam
: wars in the US -- starts with a passive expansion of the quantity money.
: This sits inert for a surprisingly lo
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