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The Inflation crisis post 1st World War in Germany

You can see that from the years 1918-1923 the price of a loaf of bread increased from 0.63 marks to 201,000,000,000 marks in less than 6 years. This was due to the fact that the German mark was becoming priceless. This must have meant that if a loaf of bread cost 201,000,000,000 marks then imagine how much money you would have received for your wages! This is what the hyperinflation did to Germany.

In source B this picture tells us that some people were affected more badly by the hyperinflation than others as some Germans took their money and ran. This was mainly due to the fact that some were more affected than others e.g. some Germans had fixed wages whereas others did not. Source C is before hyp...

Posted by: Joel Chibota

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