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Wednesday, 27th May 2009

Conspiracy theories about the economic crisis mushroomed... Meanwhile, the government responded to the emergency by issuing more paper money to meet the demand, which had the effect of pouring gasoline on a bonfire. "Speculators and profiteers thrived," Ian Kershaw writes. Anyone with access to foreign currencies - especially American dollars - could live like Croesus. A rumour was taken seriously that Douglas Fairbanks and Mary Pickford were going to buy Austria.
Steven Bach, "Leni: The Life & Work of Leni Riefenstahl".

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