Great Financial Crises, Part 5: Weimar Hyperinflation (1923)
By November 1923, one US dollar bought 4.2 trillion German marks. Here is how war, reparations and the printing press destroyed a currency, and how Germany stopped it.
By November 1923, one US dollar bought 4.2 trillion German marks. Here is how war, reparations and the printing press destroyed a currency, and how Germany stopped it.