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German Inflation Currency

Published online by Cambridge University Press:  24 July 2012

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There is an old saying that “every cloud has a silver lining,” but no doubt it must have been difficult for German business men to see any ray of hope during the dark years succeeding the war when the mark plunged down on the exchange until it was practically worthless. In fact, never in the history of the world has a currency depreciated to such a degree.

Type
News
Information
Business History Review , Volume 5 , Issue 3 , April 1931 , pp. 13 - 17
Copyright
Copyright © The President and Fellows of Harvard College 1931