Fifty Million Reichsmark – Banknote from 1923 Weimar Germany Inflation – Framed poster
Fifty Million Reichsmark – Banknote from 1923 Weimar Germany Inflation – Framed poster
$49.50 – $69.50
This poster features a high resolution photograph of a genuine banknote worth 50 million marks. The banknote was produced by Germany (then known as the Weimar Republic) during one of the worst cases of hyperinflation in the 20th century from 1921 to 1923.
In October 1923, the German Papiermark currency was experiencing a monthly inflation rate of about 29,500%, causing prices to double every 3.7 days. One month later, a single US dollar would be worth 4,210,500,000,000 German marks. To put this in context, a loaf of bread that cost 160 Marks at the end of 1922 would have cost 200,000,000,000 Marks by late 1923!
Though there were many factors that lead to this hyperinflation, much of it can be attributed to the Treaty of Versailles. This agreement required Germany to pay off its debts from the First World War using either gold or foreign money. When Germany ran out of gold, it started buying up foreign currency to make its payments. However, this made German marks relatively worthless due to the amount of money that the government had to create to buy other currencies.
• Ayous wood .75″ (1.9 cm) thick frame from renewable forests
• Paper thickness: 10.3 mil (0.26 mm)
• Paper weight: 189 g/m²
• Lightweight
• Acrylite front protector
• Hanging hardware included
• Blank product components sourced from Japan and the US
How to attach hooks on 24″ × 36″ horizontal frames:
Place each of the mounting hooks 1 inch (2.5 cm) from frame corners when hanging horizontally.
This product is made especially for you as soon as you place an order, which is why it takes us a bit longer to deliver it to you. Making products on demand instead of in bulk helps reduce overproduction, so thank you for making thoughtful purchasing decisions!
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