Who Wants To Be A Millionaire?
Amid runaway inflation, new bank notes were issued. This, a 50 million mark bill from 1923, was small change compared to the 100 trillion mark notes that were also being printed. [Photo: Time.com]
See the rest here.
Friday, April 3, 2009
The dangers of printing money
From Time magazine, a photo essay on Weimar Germany's hyperinflationary era:
Who Wants To Be A Millionaire?
Amid runaway inflation, new bank notes were issued. This, a 50 million mark bill from 1923, was small change compared to the 100 trillion mark notes that were also being printed. [Photo: Time.com]
See the rest here.
Who Wants To Be A Millionaire?
Amid runaway inflation, new bank notes were issued. This, a 50 million mark bill from 1923, was small change compared to the 100 trillion mark notes that were also being printed. [Photo: Time.com]
See the rest here.
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