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Exchange, Prices, and Production in Hyper-Inflation: Germany 1920-1923

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This large-scale study of the German hyper-inflation is definitive in the English language. Written by a professor at Princeton University, and published in 1930, Frank Graham's treatment was so accurate and incisive that Ludwig von Mises himself recommended it time and again. It's contribution is to explain the plight and fate of business under one of the 20th century's most egregious inflations.

The book begins with clarity about cause and effect.

"Germany, in common with other warring coun...