Why 1923 still Matters
The David McWilliams Podcast
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The Tyranny of Prudence and the Lessons of 1923
Exploring how the focus on saving money by central bankers led to the rise of fascism and populism in the Weimar Republic, and the crucial role played by politicians and institutions in responding to threats. The chapter also looks at the economic events between 1923 and 1933, and the potential alternative history if Hitler had not been allowed to come to power.
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