Excerpt from Paper Money by "Adam Smith," (George J.W. Goodman), pp. 57-62. Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership ...

The Weimar Germany period is a recurring historical topic. It seems to pop up every few years. But when historians and columnists refer to Weimar Germany, they are usually focused on the years of 1930 ...

The Germans are the financially righteous nation, the finger-waggers at the improvident Greeks and, on occasion, at the Americans. Germans are that way because of their cultural memory of the great ...

Norbert Schulze was not yet born when the hyperinflation of the 1920s deeply scarred the German psyche. But he still remembers the Reichsmark notes denominated in millions and billions that years ...

HYPERINFLATION is among the worst catastrophes that can befall an economy. It can destroy output and destabilise societies. The hoarding of real assets, such as property and precious metals, wrecks ...

Star player Otto Stern was a physical chemist by training but became interested in physics after being taken under the wing of Albert Einstein at the Charles-Ferdinand University in Prague in 1912.

Warren Buffett tells CNBC today that he'd "never heard" of an obscure 35-year-old book on German hyperinflation in the 1920s until a reporter called a few days ago to ask about a report he's ...

Germany, as is well known now, had a hyperinflation from 1919 to 1923. At the end, the mark was worth one trillionth of its original value. Afterwards, the new German mark was pegged to gold, at its ...

Every now and then it helps to dig through the past. Let's rewind back to 1920s Germany. Back then the country was stuck in a less-than-ideal economic situation after the suspension of the gold ...