Money, Money, Money

Hyperinflation-Germany-10
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They say you can’t take it with you, but you might as well use it to insulate your casket. That’s all it will be worth.

When hyperinflation hit Germany, before World War II it took a wheel barrow full of money to buy a loaf of bread – $4.6 million to be exact. From 1922 to November 1923 a loaf of bread went from 163 Marks to 200,000,000,000. The Weimar government printed too much money (Marks) in their effort to pay reparations after the French invasion in 1923. This was one of three key elements which caused their monetary value to collapse. The money was so worthless, it was cheaper to burn the money than to buy coal or heating oil for fuel.

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