Thursday, July 9, 2015

The 1930's Bruning Deflation

Hitler! (And deflation)

"Yes, there was a hyperinflation in 1923, which may have helped radicalize German politics. But the proximate factor in Hitler’s rise to power was the great deflation of the 1930s, brought on by a disastrous attempt to stay on gold (, 09july2015). " 

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