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The Austrian "Credit Money" Craze of 1920

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Tags Money and Banks

07/03/2020Kristoffer Mousten Hansen

After the Great War, Austrian cities and towns began issuing their own money. The Germans tried something similar, but without the voluntary and decentralized aspects of the Austrian model. German disaster ensued.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: "The Austrian "Credit Money" Craze of 1920​".

Note: The views expressed on are not necessarily those of the Mises Institute.

Kristoffer Mousten Hansen

Kristoffer Mousten Hansen is a PhD candidate at the University of Angers and a Mises Institute Research Fellow. 

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