Hyperinflation

• Germany's economy was in a mess in 1923, with the value of money dropping and prices rising extremely fast, a condition known as hyperinflation.
• Hyperinflation impacted on the lives of German people in various ways, including making savings worthless, causing fixed income recipients like pensioners, the sick, and the unemployed to face starvation and homelessness, and leading students to use money as toilet paper.
• During hyperinflation, people required so much paper money to buy things like food that they would take it to the shops in wheelbarrows.
• People were angry with Weimar politicians for not fixing the problem of hyperinflation.
• During hyperinflation, people bartered with goods instead of paying with money.