{"product_id":"the-downfall-of-money-9781408840184","title":"The Downfall of Money","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cb\u003e\u003cu\u003eA timely narrative account of the biggest financial crisis in modern history and its human consequences by the author of \u003ci\u003eDresden \u003c\/i\u003eand \u003ci\u003eThe Berlin Wall.\u003c\/i\u003e\u003c\/u\u003e\u003c\/b\u003e\u003cb\u003e''Excellent  This is a dramatic story, well told''\u003c\/b\u003e \u003ci\u003eWall Street Journal\u003c\/i\u003eMany theorists believed a hundred years ago, just as they did at the beginning of our twenty-first century, that the world had reached a state of economic perfection, a never before seen condition of beneficial human interdependence that would lead to universal growth and prosperity. And yet the early years of the Weimar Republic in Germany witnessed the most complete and terrifying unravelling of a major country''s financial system to have occurred in modern times.   The story of the Weimar Republic''s financial crisis has a clear resonance in the second decade of the twenty-first century, when the world is anxious once more about what money is, what it means and how we can judge if its value is true. The Downfall of Money will \u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003eHe uses reportage well ... And has a deft touch with personal anecdotes. His forte, revealed in earlier books on Germany, is narrative history, which trots along at a friendly pace * \u003ci\u003e\u003cb\u003eThe Times\u003c\/b\u003e\u003c\/i\u003e *\u003cbr\u003eTaylor 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 \u003ci\u003eFreikorps\u003c\/i\u003e, 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 * \u003cb\u003e\u003ci\u003eLiterary Review\u003c\/i\u003e\u003c\/b\u003e *\u003cbr\u003eGermans are terrified of inflation ... By the end of \u003ci\u003eThe Downfall of Money\u003c\/i\u003e 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 * \u003cb\u003e\u003ci\u003eEconomist\u003c\/i\u003e\u003c\/b\u003e *\u003cbr\u003eIf you thought you knew everything about the Nazis, Frederick Taylor’s \u003ci\u003eThe Downfall of Money \u003c\/i\u003emay 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 * \u003cb\u003e\u003ci\u003eBig Issue Cymru\u003c\/i\u003e\u003c\/b\u003e *\u003cbr\u003eExcellent … 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 * \u003ci\u003e\u003cb\u003eWall Street Journal\u003c\/b\u003e\u003c\/i\u003e *\u003cbr\u003eThe 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, \u003ci\u003eExorcising Hitler\u003c\/i\u003e, proved the author’s prowess at social and political historiography and a magnificent grasp of Germany as a whole. \u003ci\u003eThe Downfall of Money\u003c\/i\u003e 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, \u003ci\u003eThe Downfall of Money\u003c\/i\u003e nonetheless resonates in our own * \u003ci\u003e\u003cb\u003eWashington Times\u003c\/b\u003e\u003c\/i\u003e *","brand":"Bloomsbury Publishing PLC","offers":[{"title":"Default Title","offer_id":53734016254295,"sku":"9781408840184","price":15.29,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781408840184.jpg?v=1782120942","url":"https:\/\/bookcurl.com\/products\/the-downfall-of-money-9781408840184","provider":"Book Curl","version":"1.0","type":"link"}