The UNBELIEVABLE HYPER-INFLATION In Post WW1 GERMANY - a Loaf of Bread Cost $100 MILLION...

This week's video is on the absolutely wild story of Germany's struggles during the post WW1 years as, in trying to pay reparations, they ended up devaluing their currency to the point that it was completely WORTHLESS. Kids played with THOUSANDS of marks and it was cheaper just to burn the money instead of buy firewood!!

In order to pay their debts as well as workers, the government simply printed more money. This flood of money led to hyperinflation as the more money was printed, the more prices rose. Prices ran out of control, for example a loaf of bread, which cost 250 marks in January 1923, had risen to 200,000 million marks in November 1923.

Thank you for checking out this video! Please subscribe to the channel if you enjoyed it.

Videos normally premiere every Wednesday at 10:30 AM Pacific time.

Twitter: https://twitter.com/StuffThatHappnd

E-mail: [email protected]

Website: https://stuff-that-happened.blogspot.com/