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20000000000 Mark note
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20000000000 Mark note
The hyperinflation the Weimar Republic 1921-1923. Front of banknote on 20 000 000 000 Mark edited in Berlin 1/10 1923. Date: 1921-1923
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Media ID 7223887
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10427062
Bank Note Billion Crisis Currency Deutschmark Deutschmarks Economic Finance Financial Inflation Mark Marks Money Note Notes Twenty
EDITORS COMMENTS
This print showcases the front side of a historic 20,000,000,000 Mark note from the Weimar Republic during the hyperinflation period between 1921 and 1923. The note, edited in Berlin on January 10, 1923, is a stark reminder of one of the most significant economic crises in modern history. During this time, the German economy experienced an unprecedented rate of inflation, with prices doubling every two days. The Mark, once a stable currency, became virtually worthless. This 20 billion Mark note, equivalent to approximately $4.2 trillion in today's value, was issued in an attempt to keep up with the escalating cost of goods and services. The design on the note features a portrait of the German Emperor Wilhelm II, surrounded by intricate ornamental patterns and the inscription "Deutsches Reich - Reichsbank - 20,000,000,000 Mark." The use of such large denominations was a desperate attempt to maintain some semblance of monetary value, as smaller denominations had become obsolete due to their worthlessness. The hyperinflation in the Weimar Republic had far-reaching consequences, leading to political instability and ultimately paving the way for the rise of the Nazi party. This print serves as a powerful reminder of the devastating effects of hyperinflation and the importance of a stable and reliable currency in maintaining a healthy economy.
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