"Ein Erschröckliche Newe Zeittung so sich begeben vnd zutragen In disem 1621 Jar mit eim Geldtwechßler" (broadsheet, 1621)

Claims Supported by This Source

1. Recounts that Caspar Schadtmann, a money changer from the market town of Warendorf near Klagenfurt, deceitfully bought up good local coins, melted them down to make "worthless bad money," defrauded the region, and caused a "terrible rise in the price of everything necessary for human life."
2. Framed as a "miracle" in which God, answering the prayers of the poor, punished him: his feet sank into the ground, and hellfire and smoke erupted from his mouth, nose, and ears. He is said to have confessed, "God made an example of me because I grievously deceived the poor." A 1621 print, from a time when "the devil of greed rules almost the entire world."
3. Shows a typical contemporary explanation that attributes the cause of hyperinflation to the sin of an individual money changer (the setting is Carinthia, a Habsburg hereditary land).

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