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We hope you enjoy and/or are educated by the following chart pictures of the Weimar hyperinflation. We were surprised with various parts of the data, including how volatile gold actually was and also how relatively stable that a coal miners (a very key profession at the time) wages were when measured via real purchasing power. One other aspect we noticed was that the actual economy, as reflected in both the stock market valued in dollars and the copper price, peaked well before the actual hyperinflation was over in November 1923 Of course, the loss in actual purchasing power of the mark to being worth less than a billionth of its original value shows clearly, and also brings to mind the classic picture of paying for goods with a wheelbarrow full of money. Its unlikely to the extreme that anything closely similar to it could ever happen in the U.S., but its also not impossible for the dollar to suddenly lose a large percentage of its value in a short time similar to what happened in Argentina in 2001-2. ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Data from "The Economics of Inflation", by Constantino Bresciani-Turroni ![]() ![]() A duplicate of http://www.nowandfutures.com/weimar.html
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