On The Devastation of Hyperinflation

“In hyperinflation, a kilo of potatoes was worth, to some, more than the family silver; a side of pork more than a grand piano. A prostitute in the family was better than an infant corpse; theft was preferable to starvation; warmth was finer than honour, clothing more essential than democracy, food more needed than freedom.” –Adam Fergusson, When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany.

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