This book is an economic analysis of the Kipper und Wipper inflation of 1619–23, the most serious German inflation before the hyperinflation following World War I, with a particular focus on how it affected people’s lives and behavior. The volume features full-page reproductions of rare contemporary broadsheets—early forerunners of the modern newspaper—with striking illustrations and engaging texts. Published here in their entirety and for the first time in superb English translation, they are a unique window on society at the time and give a voice to the people who were actually devastated by the inflation.