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2. Winners

  • Businesses
  • Money Launderers
  • People with loans could easily pay them off
  • Anyone on fixed incomes

3. Losers

  • Anyone with: Savings, businesses or fixed incomes
  • The rich
  • Money Launderers
  • People with loans

4. Jan 11 1923

  • Germany miss their second reparation payment
  • Loaf of bread costs 210,000,000,000
  • Belgium and France invade Ruhr
  • Strike from Ruhr workers and more money is printed

5. Jan-Oct 1923

  • Belgium and France invade Ruhr
  • Germany miss their second reparation payment
  • Strike from Ruhr workers and more money is printed
  • Loaf of bread costs 210,000,000,000
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