According to the U.K’s Telegraph , apparently told friends that a book titled  When Money Dies illustrates what could possibly happen if European government attempt to spend their way out of the current financial crisis hitting the whole region.  The book is written in 1975 by Adam Fergusson and is currently selling for $800 on Amazon. When Money Dies illustrates how the German economy was hit hard by hyperinflation after the Weimar government allowed spending to spiral of control, which eventually led to Hitler’s Nazi party to come into power in 1933. Apparently, Warren Buffett told a Dutch financier about the book and word spread about the book causing demand to outpace supply. Now the book sells for $800 but Old Street Publishing has rushed a new edition to meet demand.

“When governments are not strong enough politically, finally the economy goes to pieces anyway.”

Related posts:

1. Warren Buffett’s Mr. Fix-It– David Sokol
2. 2010 Warren Buffett Lunch
3. Warren Buffett: One-On-One With CNBC May 3, 2010
4. Warren Buffett on Value Investing
5. Warren Buffett On Walter Schloss