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Framed Print : Inflation / 1923 / Germany
Framed Photos from Mary Evans Picture Library
Inflation / 1923 / Germany
Paper money is collected from the bank in washing baskets
Mary Evans Picture Library makes available wonderful images created for people to enjoy over the centuries
Media ID 623124
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10061759
Bank Baskets Collected Inflation Money Washin G 1923
22"x18" Modern Frame
Introducing the captivating "Inflation / 1923 / Germany" framed print from the Media Storehouse collection, brought to you by Mary Evans Picture Library/WEIMA through Mary Evans Prints Online. This evocative image transports us back to a pivotal moment in history as people collect paper money from the bank in washing baskets, symbolizing the hyperinflation that gripped Germany during the 1920s. Add this captivating piece to your home or office decor and spark intriguing conversations. Experience history in a new light with Media Storehouse's authentic and thought-provoking framed prints.
20x16 Print in an MDF Wooden Frame with 180 gsm Satin Finish Paper. Glazed using shatter proof thin plexiglass. Frame thickness is 1 inch and depth 0.75 inch. Fluted cardboard backing held with clips. Supplied ready to hang with sawtooth hanger and rubber bumpers. Spot clean with a damp cloth. Packaged foam wrapped in a card.
Contemporary Framed and Mounted Prints - Professionally Made and Ready to Hang
Estimated Image Size (if not cropped) is 50.8cm x 45.7cm (20" x 18")
Estimated Product Size is 55.9cm x 45.7cm (22" x 18")
These are individually made so all sizes are approximate
Artwork printed orientated as per the preview above, with landscape (horizontal) orientation to match the source image.
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> Europe
> Germany
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EDITORS COMMENTS
1. Title: "A Desperate Measure: Collecting Hyperinflated Marks in Washing Baskets, Germany, 1923" 2.. This evocative photograph captures a pivotal moment in the economic history of Germany during the aftermath of World War I. Taken in 1923, the image shows a long queue of citizens outside a bank in Germany, each person holding a washing basket filled to the brim with wads of paper money. The scene is a stark reminder of the devastating hyperinflation that gripped the country during this period. The German economy had been weakened by the costs of the war, and the reparations imposed by the Treaty of Versailles only worsened the situation. By 1923, the value of the German Mark had plummeted, leading to rampant inflation. Citizens were forced to carry wheelbarrows full of money to buy even the most basic necessities. In an attempt to stabilize the economy, the German government introduced the Emergency Decree for the Protection of the Currency on August 15, 1923. This decree led to the infamous "Rentenmark Reform," which saw the introduction of a new currency, the Rentenmark, backed by mortgages on agricultural land. However, before the new currency could be introduced, the old Marks had to be collected and destroyed. The photograph shows the people of Germany lining up outside the bank to exchange their worthless Marks for the new Rentenmarks. The washing baskets were used to collect the vast quantities of paper money that would otherwise be unwieldy and impractical to carry. The scene is a poignant reminder of the desperation and hardship experienced by the German people during this tumultuous time in their history. This photograph is a powerful testament to the human spirit and resilience in the face of economic adversity. It serves as a reminder of the importance of stable currencies and the potential consequences of hyperinflation.
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