How did hyperinflation impact the German people?

• > Between July and November 1923, prices in Germany became over a

  million times higher. 1kg of butter cost 6 trillion Marks.
• > The Weimar government had to use more than 30 paper factories, just to print all of the new bank notes.
• > The negative impacts were felt by small businesses like restaurants, who could not keep up with the changing prices.
• > Middle class people lost all their savings and people on fixed incomes like pensioners and students found that their incomes did not keep up with prices – many faced extreme poverty.
• > A small number of people felt positive impacts. For example, businessmen with big debts were able to pay them off with worthless money. Farmers also coped well, as food was in high demand.