When Money Dies

12/11/2020 Jeff Deist Ryan McMaken

Ryan McMaken joins the show to discuss Adam Fergusson's seminal history of Weimar-era hyperinflation in Germany, When Money Dies. Americans accustomed to the dollar's king status have no idea how quickly and brutally a currency can lose value, especially when war finance distorts the entire structure of a nation's economy.

What follows is sobering: hunger, violence, crime, and degradation. This fascinating book makes for a great study of how and why inflation rises quickly, and provides a cautionary tale for central banks and fiscal policy makers today.
Plus listen to the show for a link to your free copy of the book!

Read Hans Sennholz on Hyperinflation at Mises.org/HyperInflation

Find Henry Hazlitt's What You Should Know About Inflation at Mises.org/InflationHazlitt

Read Lyn Alden's article on inflation at Mises.org/Alden

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Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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