Inflation-Phobic Germans Misunderstand Their History, Study Says

Most Germans believe their country’s interwar period was shaped by only one crisis that led to the rise of Adolf Hitler -- hyperinflation during the Weimar Republic,

In reality though, the Nazis took power after a period of deflation, more than a decade after runaway inflation had ended.

According to the Jacques Delors Institute in Berlin, that criticism stems from the fact that many Germans don’t quite understand their own history.




Kommentarer

Populära inlägg i den här bloggen

Mervyn King

France: between the bond market and the barricades

Inga problem. Du skall göra som dom i New York.