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German monetary crisis 1914-1923 - lessons for today?
Kaňka, Adam ; Kollár, Miroslav (advisor) ; Janíčko, Martin (referee)
The work deals with the reasons for the conversion of the German postwar inflation to hyperinflation. Further, it dwells with contemporary unconventional monetary policies, especially with quantitative easing, which shall bring some economies back from the depression to the path of conjuncture. By assessment of this instrument, with regard to the experience from Japan, the work seeks to answer the question whether it is successful or not. At the same time, it argues possible side effects which could, in the case of late start of an exit strategy, cause financial instability. It tries to find out whether the instability could possibly reach such dimension as in postwar Germany

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