The Reichsbank Collapse of 1923 Before the Hyperinflation Peak

The Reichsbank Collapse of 1923 Before the Hyperinflation Peak

In 1923, a loaf of bread cost 200 billion marks. A single US dollar was worth 4.2 trillion. This
wasn’t an accident. This was a policy.
This is the story of the Weimar Republic’s hyperinflation, focusing not on the famous
wheelbarrows of cash, but on the 10 months before the peak. It’s the story of how a nation’s
central bank, the Reichsbank, was used as a political weapon to defy the world… and in the
process, systematically annihilated its own middle class.

Credit to : The Coin Financials