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100000 Mark note
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100000 Mark note
The hyperinflation the Weimar Republic 1921-1923. 100 000 Mark banknote edited in Berlin 1/2 1923. Front Date: 1921-1923
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Media ID 7229051
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10427024
Bank Note Crisis Currency Deutschmark Deutschmarks Economic Finance Financial Hundred Inflation Mark Marks Money Note Notes Thousand
EDITORS COMMENTS
1. Title: "A Symbol of Hyperinflation: The 100,000 Mark Note from the Weimar Republic (1921-1923)" 2. Description: This image showcases a rare and historically significant 100,000 Mark note from the Weimar Republic of Germany, edited in Berlin during the first half of 1923. The front of the note bears the dates 1921-1923, a testament to the tumultuous economic period that saw the German currency lose most of its value due to hyperinflation. 3. Background: The Weimar Republic, established in 1919 following the end of World War I, faced numerous challenges, including the economic burden of reparations and the social and political instability that followed the war. The German economy was in a precarious state, and the introduction of the hyperinflationary policies in 1921 marked the beginning of a downward spiral. 4. Impact: The hyperinflation led to a significant devaluation of the Mark, with prices rising exponentially and the currency becoming virtually worthless. The 100,000 Mark note, worth only a few US dollars at the time, was a stark reminder of the economic crisis that gripped Germany during this period. 5. Legacy: The 100,000 Mark note is a powerful symbol of the economic turmoil that characterized the Weimar Republic. It serves as a reminder of the devastating consequences of hyperinflation and the importance of sound economic policies. Today, it is a valuable collector's item and a testament to the historical significance of the German currency during this period. 6. Conclusion: This image of the 100,000 Mark note offers a unique glimpse into the economic history of the Weimar Republic and the challenges faced by the German people during this tumultuous time. It is a powerful reminder of the importance of financial stability and the consequences of unchecked inflation.
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