Nazi Germany Hyper Inflation
A mindmap on Nazi Germany Hyper Inflation
- Created by: James
- Created on: 22-01-13 08:57
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- Hyper Inflation
- Value of the Mark increases and money becomes worthless
- Increase Value
- Minute
- 11,203.7
- Hourghly
- 672,222.22
- Daily
- 16,133,333.33
- Monthly
- 484,000,000
- Minute
- Positive
- Exporters gained from the fall of the exchange rate
- Farmers were pleased by the increase in food prices
- Businessmen could easily pay off loans
- People could pay off there mortgages
- People who rented property on long term rents gained as the value of their payments fell
- Negative
- Pensioners found that their pensions became worthless
- Many people couldn't afford bread and milk
- Savings became wirthless
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