National Currency Collection
Germany, Reichsbank, 10,000,000,000,000 marks : 1924
A few trillion marks just doesn’t buy what it used to.
With the Allied Nations demanding reparation payments of billions in gold after the First World War, Germany very quickly slid into inflation. Strikes and strife in the industrial regions shut down the economy which then went into hyperinflationary mode as more money was printed to cover costs. Within a year a loaf of bread that was previously worth perhaps 150 marks now cost more like 200 billion marks. Prices rose so quickly that a worker’s wages couldn’t be spent before they were devalued. Money was worth only the paper it was printed on.