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The German Hyperinflation, 1923

The German Hyperinflation, 1923

As wheelbarrows replaced wallets for simple trips to market, the German government printed its currency in "more convenient" denominations. Germany's hyperinflation of 1923 is dramatically demonstrated in the bank note slideshow below. Trigger the slideshow and track hyperinflation by rolling your mouse over the 5 mark note, issued in 1917. The one billion mark note at the end bears a value overprinted sometime during the autumn of 1923 on a note of lesser value issued in August of that year.


German Currency

German Currency

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Essay | Instances | Currency | Print