February 9, 2014

The Hyperinflation That Shook the World

Alexander Jung, Der Spiegel

The Associated Press

The current debt crisis in Europe evokes painful memories of the German hyperinflation. Price increases began with the start of World War I in 1914 and ended in disaster in 1923. The event still influences sentiment about monetary policy in the country today.

Read Full Article ››

TAGGED: Global Economy, World War I


February 8, 2014
It's About to Get Worse in Venezuela
Andres Oppenheimer, Miami Herald
When I interviewed the head of the International Monetary Fund’s Western Hemisphere division last week, he didn’t mince words about the possibility of Venezuela descending into even greater economic chaos. more ››
January 29, 2014
In France, Keynesians Lose a Fellow Traveler
Fabio Fiallo, RealClearWorld
Keynesians aren't happy with French President Francois Hollande, and they are blatantly making it known. At the source of the disgruntlement lies Hollande's January 14 press conference, in which he questioned the effectiveness of... more ››
February 3, 2014
Who Will be the Next China?
Samuel Rines, The National Interest
China posted astounding growth rates both before and after the Great Recession. But now its GDP growth numbers are decelerating, and the days of 10 percent growth are over. Slowing is different than ceasing to contribute,... more ››
February 8, 2014
Trouble Ahead for the World Economy?
The Economist
FOR much of 2013 the world’s big stockmarkets had a magical quality about them. They soared upwards—America’s S&P 500 index rose by 30% last year, and Japan’s Nikkei by 57%—buoyed by monetary... more ››
February 1, 2014
Latin America's Feeble Economies Break
The Economist
Latin America’s weakest economies are reaching breaking-point. more ››