Excerpt from Paper Money by "Adam Smith," (George J.W. Goodman), pp. 57-62. Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership ...

British historian Taylor (Dresden) adds to a solid body of work on 20th-century Germany with this chilling account of the human face of hyperinflation in the 1920s Weimar Republic. Many blame the ...

Almost two thousand years before the early 1920s Weimar Germany hyperinflation, there was the great currency debasement of the Roman Empire. At the turn of the second century, the Roman Empire ...

The greatest trick the government ever pulled was convincing the world that inflation was a good thing. Over the course of history, dozens of once-prosperous nations have collapsed under the pressure ...

Star player Otto Stern was a physical chemist by training but became interested in physics after being taken under the wing of Albert Einstein at the Charles-Ferdinand University in Prague in 1912.

Germany did not become Nazi overnight. World War I defeat, the Treaty of Versailles, hyperinflation, political violence, and the Great Depression shattered trust in the republic. Hitler then exploited ...

In 2006, Zimbabwe experienced one of the most severe cases of hyperinflation in recorded history. The economy was unstable, with many of the country’s citizens unable to provide for their families.

In retrospect, you can trace the steps to hyperinflation, but some of the reasons remain cloudy. Germany abandoned the gold backing of its currency in 1914. The war was expected to be short, so it was ...