HYPER-INFLATION In Post WW1 GERMANY - Kids Play With $$$... 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.

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[verZatile_bmotp]

Why do we allow something that is not real AND is capable of causing such suffering, to dictate the quality of our lives.

[FafHumoriste]

I commented also for the algorythym by the way I love your videos

[smokiemistystar]

Very interesting…. Hard to imagine what that would have felt like…. Depressing and miserable, though, I would think. Beautiful narration voice. For me, though, the narration moves a little too rapidly. Same for all your videos. The content is great, but I don’t have enough time to take it in deeply before the next thing is being said, and so I miss alot and to get the full value out of the videos I have to watch three times. But I don’t have that much time to spend, so wishing it would just be a tad slower. Anyone else?? Love the content though, and all the old photographs really enhance the videos. Thanks!