The Great Disorder

Politics, Economics, and Society in the German Inflation, 1914-1924

Business & Finance, Economics, Inflation, Economic History, Nonfiction, History, Germany
Cover of the book The Great Disorder by Gerald D. Feldman, Oxford University Press
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Author: Gerald D. Feldman ISBN: 9780199880195
Publisher: Oxford University Press Publication: March 6, 1997
Imprint: Oxford University Press Language: English
Author: Gerald D. Feldman
ISBN: 9780199880195
Publisher: Oxford University Press
Publication: March 6, 1997
Imprint: Oxford University Press
Language: English

This book presents a comprehensive study of the most famous and spectacular instance of inflation in modern industrial society--that in Germany during and following World War I. A broad, probing narrative, this book studies inflation as a strategy of social pacification and economic reconstruction and as a mechanism for escaping domestic and international indebtedness. The Great Disorder is a study of German society under the tension of inflation and hyperinflation, and it explores the ways in which Germany's hyperinflation and stabilization were linked to the Great Depression and the rise of National Socialism. This wide-ranging study sets German inflation within the broader issues of maintaining economic stability, social peace, and democracy and thus contributes to the general history of the twentieth century and has important implications for existing and emerging market economies facing the temptation or reality of inflation.

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This book presents a comprehensive study of the most famous and spectacular instance of inflation in modern industrial society--that in Germany during and following World War I. A broad, probing narrative, this book studies inflation as a strategy of social pacification and economic reconstruction and as a mechanism for escaping domestic and international indebtedness. The Great Disorder is a study of German society under the tension of inflation and hyperinflation, and it explores the ways in which Germany's hyperinflation and stabilization were linked to the Great Depression and the rise of National Socialism. This wide-ranging study sets German inflation within the broader issues of maintaining economic stability, social peace, and democracy and thus contributes to the general history of the twentieth century and has important implications for existing and emerging market economies facing the temptation or reality of inflation.

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