Volume 2 of Money: Translated from the German of Karl Helfferich, Louis Infield. Author, Karl Helfferich. Editor, Theodor Emanuel Gregory. Publisher, E. Benn. Money, Theodor Emanuel Gregory. Author, Karl Helfferich. Editor, Theodor Emanuel Gregory. Translated by, Louis Infield. Publisher, Adelphi Company, Title, Money Library of money and banking history ยท Reprints of economic classics . Author, Karl Helfferich. Editor, T. E. Gregory. Publisher, Kelley,

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Ultimately, the larger implication of German war finance was less the hyperinflation, and more the fact that it accelerated the transition from belfferich specie to a fiat currency.

When these ran out the Entente powers enjoyed the benefits of being able to take out loans in New York to finance their trade deficits, whereas Germany did not. If you are a seller for this product, would you like to suggest updates through seller support?

Money. 2 Volumes. by Helfferich, Karl [Translated by Infield, Louise] –

The Social Democrats wanted to halt the rise in tariffs and move Germany to a more centralized and progressive tax system. Yet from the perspective of the post-war years, German wartime financial policies look more problematic: The second, printing money and debasing the currency, is an indirect way of doing the same thing. Great Britain, France and Germany all sold off privately owned foreign assets to help pay for their imports. Likewise, in Switzerlandthe Entente, and France in particular, dominated the market for foreign war bonds.


Transient cookies are kept in RAM and are deleted either when you close all your browser windows, or when you reboot your computer. The federal states resisted new direct taxes, and the Social Democrats opposed new indirect taxes on consumer goods. For example, at loot.

After March approximately 32 percent of German war debt was floating on a regular helffedich in Britain the figure was just 18 percent. East Dane Designer Men’s Fashion.

With this law Germany had, in effect, left the gold standard. Notes Translation of the work first published inunder title Geld und Banken.

He subsequently embarked upon a career as a journalist and academic, writing extensively on monetary policy and reform. At the close of the Balkan WarHelfferich was the German financial delegate to the international conference Selected Bibliography Balderston, Theo: German war financein: To access kzrl account information you need to be authenticated, which means that you need to enter your password to confirm that you are indeed the person helfferic the cookie claims you to be.

Karl Helfferich

At the end ofwhen Helfferich applied for the post of Reichbank president, he was rejected in favor of Hjalmar Schacht. Geld und Banken im To what extent this hyperinflation stemmed from wartime policies has been a recurring point of debate among historians.


Email address subscribed successfully. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen. Media related to Karl Helfferich at Wikimedia Commons.

Money: Karl Helfferich, Theodore E. Gregory, L. Infield: : Books

The war and German society; the testament of a liberalNew York Share your thoughts with other helffeeich. Interior Ministers of Germany.

Between Helfferich served on the board of Deutsche Bank. Found at these bookshops Searching – please wait When the war ended in Novemberthe legal reserves amounted to 2, million marks of gold specie, and 4, million marks of loan bureau notes.

We were unable to find this edition in any bookshop we are able to search. The pity of warNew York By the end of virtually no specie remained in circulation.