The Penniless Billionaires

by Max Shapiro

First Edition

[30 Day Return Guarantee] Price: $75.95

Book Description

Truman Tally - Times Books, 1980. First Edition. Hardcover. GOOD/GOOD HARDCOVER/GOOD/GOOD HARDCOVER. former library copy in good jacket, clean and well cared for. FIRST EDITION / Mr. Shapiro does an excellent job of describing just how, and MOST importantly, WHY it happens. It isn't some uncontollable twist of nature that no one can do anything about. In every inflation, especially every hyper-inflation, there are people who profit enormously from it. When the people who profit from it can also control it, the entire world gets turned upside down.As the author also shows, hyper-inflation wreaks havoc upon the society at large; if Germany had not experienced the post WWI hyperinflation, people would not have been so confused, and lost that the ravings of a lunatic would have captured their minds.There IS a price to pay for inflation far beyond any monetary and fiscal effect. This should be required reading for everyone who runs for public office. Those that don't "get it" about should be barred from ever holding any public trust whatsoever. (or shot, but let's be nice, OK?)

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