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May 1, 2025
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2 ene 1923 año - Hyperinflation

Descripción:

Hyperinflation is the rapid inflation of money in a certain place, which ends up making the currency lose its value.

As Germany had huge debts and reparation fees to pay off to the Allies forces, and they couldn't possibly pay them off, the German government decided to print more money to pay off.

So, Germany was printing a lot of money to pay of their debt and the value of money became worthless and people couldn't even buy bread.
And many rich people also found out that they couldn't buy the simplest things so many people became angry.

Añadido al timeline:

fecha:

2 ene 1923 año
Ahora mismo
~ 102 years ago

Fotos: