History teaching resources | Lesson plans for KS3, GCSE and A-Level
1923 Hyperinflation in Germany: A woman burns German marks in the furnace to heat the home during the peak of the Weimar Germany hyperinflation. The currency had devalued so much, it was cheaper to burn the German mark than to use it to buy coal or firewood. So their currency was more valuable as mere paper (to be burned) than as a money (to be spent).
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