The Traderszone Network

Published in TZ Latest News 15 January, 2016 by The TZ Newswire Staff

The World’s Most Famous Case Of Hyperinflation (Part 1)

The Great War ended on the 11th hour of November 11th, 1918, when the signed armistice came into effect.

Though this peace would signal the end of the war, it would also help lead to a series of further destruction: this time the destruction of wealth and savings.

The world’s most famous hyperinflation event, which took place in Germany from 1921 and 1924, was a financial calamity that led millions of people to have their savings erased.

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