When Money Dies" by A. Ferguson Can Be Read Online For Free. And suddenly there is a bull market in 2 books on hyper inflation. After directing readers to 2 free online versions of "Dying of Money"in my last post, I am happy to present a link to Adam Ferguson's "When Money Dies" which at the time of writing has an asking price of $8. Amazon. If you don't want to shell out such a sum, surf here to read the book online. When Money Dies: The Nightmare of the Weimar Collapse by ADAM FERGUSSON WILLIAM KIMBER — LONDON, 1975. Baltic Free Corps.
I recommend you save the web page locally to your hard disk as the link of this copyrighted book could go down anytime. The British Independent wrote the following about this rare classic written after the oil shock in the early 1. The book was scarily topical when it was first published in 1. Arab- Israeli war, when the oil producing nations had got together as a cartel, quadrupled the price of oil and set off double figure inflation in Western economies. Fergusson, an Old Etonian journalist and political activist, seized the moment to present a graphic description of what happened the last time a developed economy was hit by hyperinflation. His subject was Germany's Weimar Republic, that turbulent democratic interlude between the fall of the Kaiser and rise of Adolf Hitler – and particularly the early 1. . 'When Money Dies' by A. Ferguson Can Be Read Online For. After directing readers to 2 free online versions of 'Dying of Money'in my last post, I am happy to present a link to Adam Ferguson's 'When Money Dies' which at. German mark became worthless. Fergusson went on to be a political adviser to Sir Geoffrey Howe, the Chancellor on whose watch, in the years 1. After that, people stopped thinking about what it might be like to live in a society where money could not buy anything worth having – until the US confidence in its economic system was hit by the seismic shock of the banking crisis of 2. Then old copies of When Money Dies came down from the shelves, the dust was blown off them and people pored over its descriptions of everyday life in Weimar Germany. Warren Buffett, that great capitalist sage whose prowess as an investor has made him the world's second richest man, is said to have advised a Dutch financier to read the book as a cautionary tale about what could happen if governments run up such excessive debt. No one seems to know which Dutch financier was the recipient of this advice, or when, but the rumour helped push the potential sale price of secondhand copies of Fergusson above £1,0. This month, a small publisher rushed out a new paperback version. I have not been able to pin down the new paperback version, reportedly selling for a Tenner. Any reader's hints in comments are highly welcome. Price swings for "Dying of Money" have been extreme in the last days. I have seen the book on ebay today at only €1. Only yesterday it had an ask of $1,8. Amazon, which has crashed to $2. The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited. Benzinga. com. Benzinga does not provide investment advice. All rights reserved.
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