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THE DAY MONEY BECAME WORTHLESS OVERNIGHT In 1923, Germany experienced one of the worst cases of hyperinflation in history. After the economic strain of World War I and the heavy reparations imposed by the Treaty of Versailles, the government printed massive amounts of money, causing the German mark to collapse in value. Prices rose so quickly that people rushed to spend their wages within hours. At the peak of the crisis, banknotes became so worthless that some families used them as fuel or even
1:21
THE DAY MONEY BECAME WORTHLESS OVERNIGHT In 1923, Germany experienced one of the worst cases of hyperinflation in history. After the economic strain of World War I and the heavy reparations imposed by the Treaty of Versailles, the government printed massive amounts of money, causing the German mark to collapse in value. Prices rose so quickly that people rushed to spend their wages within hours. At the peak of the crisis, banknotes became so worthless that some families used them as fuel or even
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