Dispelling the German monetary myth
Economic historian Simon Mee studies the political battles that shaped the Bundesbank
Working as a journalist for the Financial Times, Simon Mee kept hearing about the German aversion to inflation, and always it was linked to the same event: the hyperinflation of the Weimar Republic, in the early 1920s.
“I kept coming across these narratives concerning German inflation aversion,” Mee, now a research fellow at the University of Oxford, told Central Banking on the sidelines of a recent conference in Lindau. “But Germany is not the only country to experience a hyperinflation; a lot
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