Posts Tagged ‘ Austria war debt ’

War, Debt, and Inflation from the Past to the Future

Jan 17th, 2008 | By Christopher Hancock | Category: International, Macroeconomics
Austrian novelist, playwright, journalist and biographer Stefan Zweig witnessed first-hand the summer of 1914. “It was the war of an unsuspicious generation,” Zweig wrote, “and the greatest peril was the inexhaustible faith of nations in the single sided justice of their cause.” The proud Venetians surrendered their Austrian Crown, circulated in ...read more