Hyperinflation of 1923
1923–1924 · Event
German mark (Papiermark) collapses; price of a loaf of bread reaches billions of marks; wipes out middle-class savings.
On these timelines: Germany, Economic History, Master
More from Germany
- The Reformation (1517)
- German unification (1871)
- Luther's 95 Theses (1517)
- Einstein's Annus Mirabilis (1905)
- Holy Roman Empire (962)
- Hitler becomes Chancellor of Germany (1933)
- Thirty Years' War (1618)
- Peace of Westphalia (1648)
Around 1923
- Russian Revolution (1917)
- World War I (1914)
- Founding of the Soviet Union (1922)
- Pop music: the 1930s (1930)
- Pop music: the 1920s (1920)
- Great Depression (1929)
- Discovery of penicillin (1928)
- Easter Rising / Irish War of Independence (1916)
- Treaty of Versailles (1919)
- Wall Street Crash (1929)