Timeline for What did people used to exchange for goods during the 1920s German hyperinflation while the official currency was not trusted
Current License: CC BY-SA 4.0
15 events
when toggle format | what | by | license | comment | |
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Aug 16, 2021 at 19:14 | answer | added | Nick B | timeline score: 4 | |
Mar 8, 2021 at 1:34 | comment | added | 0range | @Mark Getting mugged for a wheelbarrow full of cash is relatively unlikely if the wheelbarrow is worth more than the cash inside. | |
Feb 28, 2021 at 10:38 | comment | added | Mark Johnson | @quarague More than 1 line is needed to explain where the tobacco came from (not from occupation forces as after 1945). Tobacco, at the time, was maily imported from Greece, Turkey and Bulgaria. | |
Feb 28, 2021 at 7:25 | comment | added | quarague | The one line answer to this is 'cigarettes'. | |
Feb 28, 2021 at 2:46 | comment | added | C Monsour | @markcwallace Wheelbarrows were not really needed apart from 1923. The banks kept printing larger and larger face-value banknotes until the velocity of inflation outstripped it. | |
Feb 27, 2021 at 2:02 | comment | added | Mark | @MarkC.Wallace, the problem with a wheelbarrow full of cash is that you might get mugged for your wheelbarrow. | |
Feb 26, 2021 at 18:00 | history | tweeted | twitter.com/StackHistory/status/1365361082961952774 | ||
Feb 25, 2021 at 22:55 | history | edited | Mary | CC BY-SA 4.0 |
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Feb 25, 2021 at 22:38 | comment | added | Mark Johnson | Hard currency for the average person was not available. The average tourist that could exchange in the Black market were so few that it had no impact. It was a totally different situation than that after WWII, where a certain amount of 'tradable goods' were available through the occupation forces. Companies that produced export goods had it easier since the foreign currency earned was needed for reparations payments. Their suppliers also benefited from this situation, since without their goods the exports goods counld not be made. | |
Feb 25, 2021 at 22:17 | comment | added | Mark Johnson | @Trish Gold coins were already scarce in 1914 and for practical purposes non existent in the 1920-1924 timeframe. | |
Feb 25, 2021 at 19:18 | comment | added | Trish | Also: Goldmark coins were still a thing, even as circulation throzgh banks was almost nonexistant. | |
Feb 25, 2021 at 18:56 | comment | added | MCW♦ | Wheelbarrows of cash and barter are the standard answer. Also note the denominations depicted in Wikipedia. | |
Feb 25, 2021 at 18:56 | comment | added | MCW♦ | Welcome to History:Stack Exchange. Thank you for your question; please consider revising it to be more in line with our community expectations. Like many other stacks, we expect questions to provide evidence of prior research. That helps us to understand the question, and avoids our repeating work you've already done. Our help center, and other stacks provide additional resources to assist with revisions. | |
Feb 25, 2021 at 18:55 | history | edited | MCW♦ | CC BY-SA 4.0 |
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Feb 25, 2021 at 18:13 | history | asked | P-H | CC BY-SA 4.0 |