German Hyperinflation: How Much Was a Mark Worth in 1923?
In 1923, Germany experienced one of the worst cases of hyperinflation in modern history. By the end of the year, the German mark was worth practically nothing as the currency spiraled out of control. Between 1921-1923 the value of the German mark plummeted, leading to catastrophic consequences for the country’s economy and society. In a …
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