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Mobile version (beta). Dying of Money: Lessons of the Great German and American Inflations. Download (pdf, 894 Kb) Donate Read. Epub FB2 mobi txt RTF. Converted file can differ from the original. If possible, download the file in its original format. Download (pdf, . 5 Mb) Donate Read.
Writing of the booming inflationary ascent in Germany, prior to the hyperinflationary fall, Parsson's observation may strike you as familiar: "Concentration of wealth and business was still another characteristic trend. The merger, the tender offer, the takeover bid, and the proxy fight were in vogue. Bank mergers were all the rage, while at the same time new and untried banks sprouted. Great ramshackle conglomerates of all manner of unconnected businesses were collected together by merger and acquisition. I found a PDF copy online.
No one seemed to notice the earlier false boom and the later inflationary bust where the Reichsbanknote lost 9. % of its value in a very short three months. He applies causes and lessons learned from the German inflationary debacle to American inflation where time will lead to increasing deterioration of purchasing power .
Ronald H. Marcks (Jens O. Parsson) wrote "Dying of Money" in 1974, at the height of the double-digit inflation then raging, analyzing its causes and accurately predicting its future. His analysis of the financing gap in Social Security was published in the Wall Street Journal in the 1980’s. He self-published the book using under the pen name Jens O Parsson and used Wellspring Press as the name of the publisher. He sold just a thousand or so copies fulfilling them himself. There's no finer book on the inflationary process than Dying of Money
The cover motif is a piece of old German money. It is a Reichsbanknote issued on August 22, 1923 for one hundred million marks. Nine years earlier, that many marks would have been about 5 percent of all the German marks in the world, worth 23 million American dollars.
The cover motif is a piece of old German money. On the day it was issued, it was worth about twenty dollars.
Dying of Money Paperback – March 8, 2011. by Jens O. Parsson (Author) Great book on inflation, the first half. But the second half calls for more government, which we don't need
Dying of Money Paperback – March 8, 2011. Parsson (Author). If I was ever restricted to owning one book, and that one book was to provide the most amount of understanding of a subject, 'Dying of Money' would be that book. I managed to obtain a copy some 18 months ago, and I consider it the pearl of my book collection. Great book on inflation, the first half. But the second half calls for more government, which we don't need.
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All Authors, Contributors: Jens O Parsson. Find more information about
Inflation (Finance) - Germany - History. Inflation (Finance) - United States. All Authors, Contributors: Jens O Parsson. Find more information about: Jens O Parsson. ISBN: 978145750502666.