Article Title
Other Form of Name
Fesmire, Walker Eugene, 1929-
Publication Date
Fall 1984
Abstract
During the 1920's the German economy suffered through a terrible period of inflation. The rate of German inflation was so rapid that during the month of October 1923 only, the purchasing power of a paper mark fell from 1.0 on October 5th to 0.008 by October 31st. During the 1920's, Henry W. sweeney was attempting to develop a model for the U.S. which would handle accounting for changing prices. In preparation for the development of his model, Sweeney reviewed the German inflationary experience to determine the weaknesses of the German system.
Recommended Citation
Fesmire, Walker Eugene
(1984)
"Effects of German inflation on accounting records,"
Accounting Historians Notebook: Vol. 7
:
No.
2
, Article 7.
Available at:
https://egrove.olemiss.edu/aah_notebook/vol7/iss2/7