Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
1922 50K Reichsbanknote
>
Reply to Thread
Message:
<p>[QUOTE="chrisild, post: 1514969, member: 39"]Yes, and at the peak of that inflation people tried to spend their money (e.g. a week's wage) instantly - had they taken it home, it would have been almost worthless the next day. Not that it matters much in this particular context, but here is a story (in German) about how things went back then: <a href="http://einestages.spiegel.de/static/topicalbumbackground/4632/als_die_mark_vernichtet_wurde.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://einestages.spiegel.de/static/topicalbumbackground/4632/als_die_mark_vernichtet_wurde.html" rel="nofollow">http://einestages.spiegel.de/static/topicalbumbackground/4632/als_die_mark_vernichtet_wurde.html</a> Two examples from that article:</p><p><br /></p><p>* A family sold their house and wanted to emigrate to the US, but once they arrived at the port in Hamburg, they found out that all the money would not be sufficient for the tickets - and that it would not even be enough for the trip back to their home town either.</p><p>* Somebody has a cup of coffee at a café, at 5000 Marks, and then orders a second one. The bill says 14,000 Marks - as the price had gone up in the meantime.</p><p><br /></p><p>Two photos from that story:</p><p><a href="http://einestages.spiegel.de/external/ShowTopicAlbumBackground/a4632/l0/l0/F.html#featuredEntry" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://einestages.spiegel.de/external/ShowTopicAlbumBackground/a4632/l0/l0/F.html#featuredEntry" rel="nofollow">http://einestages.spiegel.de/external/ShowTopicAlbumBackground/a4632/l0/l0/F.html#featuredEntry</a></p><p>Bank notes are being weighed for a payment - counting them would take too long.</p><p><a href="http://einestages.spiegel.de/external/ShowTopicAlbumBackground/a4632/l5/l0/F.html#featuredEntry" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://einestages.spiegel.de/external/ShowTopicAlbumBackground/a4632/l5/l0/F.html#featuredEntry" rel="nofollow">http://einestages.spiegel.de/external/ShowTopicAlbumBackground/a4632/l5/l0/F.html#featuredEntry</a></p><p>Kids playing with packs of worthless notes.</p><p><br /></p><p>How much was bread shortly before the currency cut? Well, that 50,000 note from the first post would have gotten you a few crumbs. An entire loaf however would cost billions of marks.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1514969, member: 39"]Yes, and at the peak of that inflation people tried to spend their money (e.g. a week's wage) instantly - had they taken it home, it would have been almost worthless the next day. Not that it matters much in this particular context, but here is a story (in German) about how things went back then: [url]http://einestages.spiegel.de/static/topicalbumbackground/4632/als_die_mark_vernichtet_wurde.html[/url] Two examples from that article: * A family sold their house and wanted to emigrate to the US, but once they arrived at the port in Hamburg, they found out that all the money would not be sufficient for the tickets - and that it would not even be enough for the trip back to their home town either. * Somebody has a cup of coffee at a café, at 5000 Marks, and then orders a second one. The bill says 14,000 Marks - as the price had gone up in the meantime. Two photos from that story: [url]http://einestages.spiegel.de/external/ShowTopicAlbumBackground/a4632/l0/l0/F.html#featuredEntry[/url] Bank notes are being weighed for a payment - counting them would take too long. [url]http://einestages.spiegel.de/external/ShowTopicAlbumBackground/a4632/l5/l0/F.html#featuredEntry[/url] Kids playing with packs of worthless notes. How much was bread shortly before the currency cut? Well, that 50,000 note from the first post would have gotten you a few crumbs. An entire loaf however would cost billions of marks. Christian[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
1922 50K Reichsbanknote
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...