ADAM TOOZE

@michaelxpettis Oh absolutely … these are “invented traditions”. Convenient histories. I guess for me the more interesting question is about the 1980s? Do you think memory of 1940s played a role there?

Gold Rush. At the end of the day, scrambles in front of a bank to buy gold. Shanghai. On 23 December 1948 henricartierbresson.org/en/expositions… For the economic backstory to Henri Cartier Bresson’s image see Chartbook Newsletter #26 on China’s hyperinflation. adamtooze.substack.com/p/chartbook-ne… https://t.co/B2SOCwTZxy

Conflict in Tigray killed thousands, displaced 1.7m and plunged over 400,000 people in famine-like conditions. According to the UN, Tigray is now suffering a telecommunications and electricity blackout and shortages of cash and fuel reliefweb.int/report/ethiopi… https://t.co/CY0VEl8YJG

@B4Btv @Silmarillion88 @Paul_Kreitman I believe we may be able to firm up “not major cause” v. “Not minor factor” with some quantification. I know I saw a chart that persuaded me to leave it out. More shortly. @pseudoerasmus

ECB Strategic Review. What does it add up? I did a piece for @socialeurope drawing on insights from @GeneralTheorist @DanielaGabor @COdendahl socialeurope.eu/climate-crisis… https://t.co/UYWYV8UoRH

@michaelxpettis I was following @andrewbatson on the relevance of 1949 to present by way, of course, of @IsabellaMWeber … but perhaps I compacted too many things. Your points are well taken. I guess I was also thinking of the mythic histories of Weimar and 1947 invoked in Germany.

RT @DuncanWeldon: Exactly right from @alanbeattie ft.com/content/bcf665… https://t.co/xQ6kZnY0gf

"The Inflationary Spiral – The Experience in China, 1939-1950" by Chang Kia-Ngau is excellent on China’s hyperinflation. Would love to know about the intellectual history background. Super interesting. @IsabellaMWeber ? See Chartbook Newsletter #26 adamtooze.substack.com/p/chartbook-ne… twitter.com/ChinaCovers/st…

Thanks to @IsabellaMWeber a lot of us have been thinking about China and inflation. routledge.com/How-China-Esca… I did Chartbook Newsletter #26 on the inflation->hyperinflation of 1937-1949. adamtooze.substack.com/p/chartbook-ne… https://t.co/1X3DrnL09j

@pseudoerasmus @Silmarillion88 @B4Btv @Paul_Kreitman Thanks. Very much the spirit in which it was intended. I got smarter about China’s hyperinflation. Thought it was worth sharing!

RT @ChinaCovers: #Cover from #China during the #Hyperinflation in 1949. #philately #Inflation @adam_tooze https://t.co/Rdzd8DXa5a

RT @AmparoBlumme: Reading Grossman's Stalingrad and Life and Fate Chartbook Newsletter #21 , by @adam_tooze adamtooze.substack.com/p/chartbook-21…

Tigrayan "TPLF officials claim to have more than 9,000 Ethiopian prisoners of war and say their priority now is to push all opposing forces out of western Tigray so they can establish a supply corridor with neighbouring Sudan.” ft.com/content/17e3b3… https://t.co/T5wIpacscc

@HistoryKss Thanks.

@B4Btv @Paul_Kreitman 100% agreed on Japan. Plus a Feldman Great Disorder-style book about China.

@B4Btv @Paul_Kreitman Thanks.

RT @Uptheleft: @adam_tooze may like this twitter.com/mrstrangefact/…

@mrstrangefact Wow!

RT @PeterBofinger: In @socialeurope an interesting comment by @adam_tooze on the @ecb strategy review: "But, with striking haste, Lagarde…

RT @Silmarillion88: @adam_tooze @B4Btv @Paul_Kreitman KMT territories suffered from bankruptcy due to war expenses, corruption and natural…

@B4Btv @Paul_Kreitman Above all the hyperinflation proper is a phenomenon of post 1945 and thus less influenced by currency war issues with Japan. I was trying to present an overview 37-49 whilst building towards hyperinflation. Later post may deal with WWII in greater depth, CPC etc.

@B4Btv Thanks for your interest in my writing. In material that I can access currency wars were discussed as a minor factor in the broader inflation dynamic. Since the word limit is binding and since the entire premise of the piece is war with Japan, I left them out. @Paul_Kreitman

RT @azraisakovic: «L'une des choses remarquables à propos de la Chine sous le règne du Parti communiste est son aversion pour l'inflation.…

RT @ManuelaBoatca: Wenn Verunsicherung zur Sammelklage wird… twitter.com/juergenzimmere…

@ErikFossing No!!!!

RT @ErikFossing: Am I the only one who finds these space tourism adventures offensive at this time of critical climate changes needs, the p…

RT @PhilippMattheis: "Between 1937 and the collapse of the nationalist regime in the spring of 1949 #China experienced an inflationary surg…

Shanghai-Weimar: Evocative Pathé Newsreel captures the street scenes in Shanghai during 1948 hyperinflation, which knocked Chiang Kai-shek’s regime onto the ropes. Chartbook Newsletter #26 on China’s underappreciated “inflation trauma”. adamtooze.substack.com/p/chartbook-ne… https://t.co/VWIQNKCdrx

China became the number one automobile producing country in 2009, and in 2017 produced over 25 percent of the world’s supply of automobiles.3 bis.doc.gov/index.php/docu… https://t.co/Vcm2cV6NMs

In Dec 1948 Henri Cartier-Bresson captured the panic of the crowds in Shanghai during the mounting hyperinflation. Chartbook Newsletter #26 on the background to the CCP’s preoccupation with price stability. adamtooze.substack.com/p/chartbook-ne… https://t.co/fXOVKRvWO5

In December 1948 rioting convulsed Nationalist-ruled Shanghai as hyperinflation undermined their grip on power. Chartbook Newsletter #26 on the historic background to the CCP’s inflation-aversion. adamtooze.substack.com/p/chartbook-ne… https://t.co/F3h0m0bKmW

RT @StephenPaduano: In which @adam_tooze leads us through a riveting, multimedia, intellectual exploration of China’s wartime economic hist…

RT @ThiagoKrause2: @nemoid321 Vale ler o @adam_tooze sobre: adamtooze.substack.com/p/chartbook-21

RT @arpitrage: Great @adam_tooze post today about the Chinese experience with hyperinflation. One wonders whether a bit more state capacit…

@arpitrage Thank you!

RT @MPBHH: @adam_tooze As I recall 混乱 Hǔnluàn ( approx. mayhem / disorder) is the term used in this context. Another great compendium, tha…