Economics
Hyperinflation Episodes and Monetary Collapse Dynamics
Quick fact
In post-WWI Germany, the price of a loaf of bread rose from 0.63 marks in 1918 to 201,000,000,000 marks in November 1923 – a trillion-fold increase in just five years.
Why this is interesting
Imagine going to the store with a wheelbarrow full of cash, only to find prices have doubled by the time you reach the checkout. How does a country reach a point where its money becomes worthless?