Friday, January 17, 2014

Weimar Hyperinflation's 1000 Billion Mark Note


Sometimes there's just not enough time to fit everything we would like into an episode of Hidden Secrets Of Money. If we included everything, the episodes would end up running over an hour a piece and we'd risk losing the attention of our viewers. So it's nice to be able to come back and include some of the sections that are cut as bonus features, you can find a whole bunch of them on the HSOM website.

In this clip, Mike Maloney explores the Weimar Hyperinflation exhibit in the Bundesbank Money Museum. Watch as the notes start out at 1 Mark which actually had purchasing power, until the appearance of a 1000 Billion Mark note - that purchased next to NOTHING.


- Source, The Hidden Secrets of Money: