When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany

by Adam Fergusson

When Money Dies is a gripping historical analysis of the Weimar Republic’s hyperinflation crisis, illustrating how unchecked deficit spending, reckless monetary policies, and relentless currency devaluation led to economic devastation, mass impoverishment, and social collapse. As the German mark spiraled into worthlessness, savings were wiped out, trade ground to a halt, and political extremism surged, laying the foundation for future upheaval. Drawing from firsthand accounts, Adam Fergusson vividly captures the chaos, suffering, and moral erosion caused by monetary collapse—offering a powerful cautionary tale on the fragility of financial systems and the disastrous consequences of government mismanagement. File this under: ‘Lessons humanity refuses to learn.’