Monetary reforms in comparison - Denmark (1813) and Germany (1948)

By Achim Biesenbach

Seminar paper from the year 2008 in the subject Business economics - Economic and Social History, grade: 1,0, University of Aarhus, Denmark (University of Aarhus - Denmark, School of Economics and Management), language: English, abstract: In times of open or suppressed inflation when a monetary reform becomes inevitable, economic theory can help to make the right decisions. Monetary concepts like the quantity equation and the theory of monetary reforms would have helped to avoid the mistakes of the Danish reform in 1813. Additionally, they would have confirmed the decision makers of the German reform in 1948 in their actions. Fortgeschrittene offene oder gro e zur?ckgestaute Inflation zieht meist zwangsl?ufig eine sanierende W?hrungsreform nach sich. Hierbei kann die Geldtheorie helfen, die richtigen Entscheidungen zu treffen. Konzepte wie die Quantit?tsgleichung h?tten geholfen, die Fehler der d?nischen W?hrungsreform von 1813 zu vermeiden. Die Theorie h?tte die Entscheidungstr?ger der deutschen W?hrungsreform von 1948 in ihrem Vorhaben best?rkt.

• Format: Paperback
• Language: English
• ISBN: 3640148916
• ISBN13: 9783640148912
• Release Date: August 2008
• Publisher: Grin Verlag
• Length: 36 Pages
• Weight: 0.13 lbs.
• Dimensions: 0.1" x 5.8" x 8.3"