The Problems with Price Inflation | The Twilight of Gold Series | Episode 11 (WiM182)
The "What is Money?" Show
00:00
Prices in Germany During World War One
The study of human action is better theaa exactly. It's esoteric e i don't know what else we could call it, but whatever. The money supply in germany went up, if you indexed at 119 13, it went up to 826 the end of the war. By 19 19, they closed at 11 point one fourth. That's overa nd % increase in prices. And most of that occurred in the final year. But their yearly inflation was higher than england.
Play episode from 59:37
Transcript
