The World’s Most Famous Case Of Hyperinflation (Part 2)
For the first infographic in this series, which summarizes the circumstances leading up to hyperinflation in Germany in 1921-1924, it can be found here: Hyperinflation (Part 1 of 2)
Courtesy of: The Money Project
Slippery Slope
“Inflation took the basic law-and-order principles of loyalty and trust to the extreme.” Martin Geyer, Historian.
“As things stand, the only way to finance the cost of fighting the war is to shift the burden into the future through loans.” Karl Helfferich, an economist in 1915.