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2025-02-21 12:17:23

mark on Nostr: "It was natural that a people in the grip of raging inflation should look about for ...

"It was natural that a people in the grip of raging inflation should look about for someone to blame. They picked upon other classes, other races, other political parties, other nations. In blaming the greed of tourists, or the peasants, or the wage demands of labour, or the selfishness of the industrialists and profiteers, or the sharpness of the Jews, or the speculators making fortunes in the money markets, they were in large measure still blaming not the disease but the symptoms."

—from 'When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany' by Adam Fergusson

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