4 ms·

I think there was a tiny little bit of hyperinflation in Germany in the 20-30s. IIRC the exchange rate was 1,000,000,000,000 Mark = 1 Reichsmark

• eru 16y ago
  Yes, there was hyperinflation in the early 20s, but _not_ in the 30s. (See http://en.wikipedia.org/wiki/1920s_German_inflation http://en.wikipedia.org/wiki/1920s_German_inflation for some information in English. If you speak German, or can live with Google translate, then there's lots more material available.) Why do you keep mentioning the 30s?
  • lkjuhygthyujk 16y ago
    I'm a CS not a historian I thought the Weimar republic was 1930s In 2000 years of history that's only an error of 1%
    • eru 16y ago
      I take it you mean 10%? Anyway, there wasn't much Weimar Republic to go around in the 30s. It ended in '33 with the Nazis coming to power. (The term Weimar Republic is just a name historians have made up for that period. Officially Germany was called Deutsches Reich from 1871 until 1945.) Sorry, I am just a bit annoyed, because I have heard people make this very mistake more than once. I guess I am equally ignorant about, say, Chinese or Vietnamese history.
      • lkjuhygthyujk 16y ago
        +-5 years in 2000years of German history ;-) Sorry, I had thought the hyperinflation + general chaos led directly to the rather unpleasant party seizing power in 1933 and so assumed the bad times were immediately before then (ie 1930-1933). Hadn't realised they were actually a decade earlier.