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August 1, 2025
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nov 1, 1923 - Hyperinflation Crisis

Description:

German currency became worthless.
Savings of the middle class were wiped out, but business owners profited from paying their workers inflated currency, and the working class could pay off their once large debts with less than a hour's wage.

Added to timeline:

Date:

nov 1, 1923
Now
~ 101 years ago