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The currency collapsed long before the numbers on the notes became meaningless. It happened when those who controlled the presses decided that political survival mattered more than economic stability. This book examines the mechanics of hyperinflation in Weimar Germany as a deliberate act of policy, not an accident of history. The Reichsbank printed because the government refused to tax. The government refused to tax because it feared revolution. And the population paid the price in savings, trust, and social cohesion. The parallels to modern inflationary pressures are drawn without simplification, showing how the same mechanisms of political cowardice and monetary expansion repeat across decades. This is a study of power, not of markets.
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