During the Weimar Republic in Germany, hyperinflation reached catastrophic levels in the early 1920s, particularly by November 1923. The government printed excessive amounts of currency to pay off war debts and reparations from World War I, causing the German mark to lose its value rapidly. By November 1923, the exchange rate had skyrocketed to 4.21 trillion marks for just one U.S. dollar. This extreme inflation rendered the currency almost worthless, and daily life became increasingly chaotic,

Hyperinflation is a very destructive phenomenon that happens when a country's inflation rate exceeds 50% per month. Out of control inflation leads to currency devaluation and bizarre situations, like a loaf of bread costing 200 billion. This video explains the worst five cases of hyperinflation in the last 100 years. The top five include post-World War II Greece, Germany’s Weimar Republic, the Federal Republic of Yugoslavia, Zimbabwe, and Post War Hungary. #hyperinflation #inflation #economy #fi