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When Money Dies
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When Money Dies

by Adam Fergusson ·  1975
★★★★★Editor's Pickintermediate

The definitive account of the Weimar hyperinflation of 1921–1923. Fergusson traces how Germany's printing press destroyed the savings of the middle class, wiped out creditors, and created the economic chaos that gave rise to Hitler. Essential reading for understanding what currency debasement actually means for ordinary people.

★ Why We Recommend It

This is one of the most important works in the liberty tradition — essential for any serious student of free markets and individual rights.

Best For:Intermediate readersBuilding a foundationSecond-year study

What You'll Learn from When Money Dies

  • 1This work offers rigorous analysis of its subject from a liberty-oriented perspective.
  • 2The author builds a systematic argument from first principles.
  • 3The implications for policy and practice are far-reaching.
  • 4Readers will gain tools for understanding the unintended consequences of intervention.
  • 5Essential reading for anyone serious about the ideas of freedom.

Adam Fergusson

Adam Fergusson is a British journalist and author. His account of the Weimar hyperinflation remains the definitive popular history of the event and has been widely cited by economists and investors studying monetary collapse.

Watch: Adam Fergusson

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