The Downfall of Money: Germany's Hyperinflation and the Destruction of the Middle Class (Paperback)Frederick Taylor (author)
Publisher: Bloomsbury Publishing PLC
Number of pages: 432
Weight: 360 g
Dimensions: 198 x 129 mm
Taylor has many absorbing passages: his accounts of life in pre-war Berlin, the immediate post-war stance of the imperial navy, the outrages of the Freikorps, the persistence of nationalism, the ravages of the extended Allied blockage and the Franco-Belgian occupation of the Ruhr in 1923. Equally arresting ... Is a German memorandum written in 1914 (but only discovered in 1950) on the assumption that the country would win the war ... Embellished with much contemporary detail painstakingly trawled from newspapers, diaries and other books * Literary Review *
Germans are terrified of inflation ... By the end of The Downfall of Money it is clear why these fears are so deeply embedded. At the root of the trauma lie the events of 1923, when the German currency plummeted from 7,500 Reichsmarks to the dollar to a rate of 2.5 trillion ... It is remarkable that the world's second-biggest economy didn't disintegrate. Frederick Taylor, who has written several books on this era, is careful to blame no one ... He is quick to offer parallels with the recent financial crisis, when many governments turned to quantitative easing ... To avoid recession or even depression. And his book has suggestions about where the world may be heading if it is not careful * Economist *
If you thought you knew everything about the Nazis, Frederick Taylor's The Downfall of Money may make you pause ... Taylor doesn't make heavy weather with the comparisons between what faced Germany after 1918 and the current Eurozone crisis but there is no doubt that this story resonates because of these parallels * Big Issue Cymru *
Excellent ... By skillfully weaving together economic history with political narrative and drawing on sources from everyday life as well as the inner cabinet of diplomacy, Mr. Taylor tells the history of the Weimar inflation as the life-and-death struggle of the first German democracy ... This is a dramatic story, well told * Wall Street Journal *
The British historian Frederick Taylor has written so brilliantly and incisively about Adolf Hitler that it is no surprise that he has turned his attention to the German economic meltdown ... Mr. Taylor's book, Exorcising Hitler, proved the author's prowess at social and political historiography and a magnificent grasp of Germany as a whole. The Downfall of Money demonstrates that superb attunement to Germany anew and also [Taylor's] mastery as an economic historian ... Firmly and rightly grounded in its own time and place, The Downfall of Money nonetheless resonates in our own * Washington Times *
You may also be interested in...
“Downfall of the ruling class - rise of Hitler”
I always open Fred Taylor's books with a sense of great anticipation. His style brings alive what it was like to be there - and this book is no exception. How did one survive - and some thrive - when the mark to... More
Please sign in to write a review
Would you like to proceed to the App store to download the Waterstones App?