Hyperinflation
Hyperinflation is when the prices of most goods and services skyrocket, usually more than 50% a month. It usually starts when a country's Federal government begins printing money to pay for fiscal spending. As the money supply increases, prices creep up as in regular inflation.
https://www.youtube.com/watch?hl=en-GB&gl=SG&v=WI1i5yhwOz8
The video above explains how did Hyperinflation occurred in Germany . It also tells us that hyperinflation affected the Germans' income . Those with constant income suffered the most as the value of money decreased .
The above pictures shows that due to the Hyperinflation , the value of the money decrease and were worthless . The Germans either burn it , let the children play it like a toy or they just dump it at the streets .
The above pictures shows the increased of price over the years . This caused the poor to starve and while the wealthier Germans and the middle class felt the bitter .
Even though the Germans get received a lot of money notes that can fill up a wheel barrow , those were not enough to support their lives .
https://youtu.be/HZ2bFEwwRjM
The video explains how hyperinflation began and how it affected the Germans during that period of time .
No comments:
Post a Comment