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Friday, May 10, 2013

German children use bundled inflationary money as blocks in 1923

Here's a little visual aid for any inflation hawks out there who're looking for just the right graphic to stick in a powerpoint decrying stimulus packages or extolling gold's virtue: a group of Weimar-era kids using bundles of devalued Deutsche marks as building blocks.
German children using marks as building blocks, when Germany tried to pay its war debts by printing money, causing hyper-inflation. 1923.

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