The Economics of Inflation

by Constantino Bresciani Turroni

Bresciano-Turroni was an employee in Germany at the time, and he followed the hyperinflation development very closely. He describes the impact of inflation on equities, on real estate, on wages, and on the exchange rate… I think for investors it’s very important to have a historical background about how booms occur and how depressions then ensue.