Currency Reform 


Often when a currency collapses, monetary authorities try to start a fresh with a new currency. For example, after the hyper inflation in Germany of the early 1920s, the government introduced a new currency, a new D Mark making the old currency worthless.

Sometimes currency reform may just involve taking notes out of circulation and attempting to deal with excess growth in the money supply.


This entry was posted in . Bookmark the permalink.
By on November 28th, 2012