What is Nostr?
NSmolenskiFan
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2024-04-30 05:51:14

NSmolenskiFan on Nostr: “When the devaluation of the mark started during the war and especially during the ...

“When the devaluation of the mark started during the war and especially during the postwar period, only a few people thought of the consequences which resulted for the affairs of learning. And yet it was after all perfectly clear that the foundations of German scholarship rest not only upon the researchers’ idealism, but just a much upon the solid rock of a gold currency and an active balance of payments. But what has been built with gold marks cannot be maintained or yet extended with paper marks. For all learning and all science requires progress to give it content and to enrich and stimulate it. Years of paper currency therefore mean no more and no less than the distress of learning and, if the sickness of the currency lasts a long time, the death of learning and science. Such meager years bring about the dismantling of our culture, which in turn leads to pseudo-culture.”

- Georg Schreiber, “The Distress of German Learning,” published during the hyperinflation of 1923
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