Re: An ignorant man's question about the great depression
S. Doo wrote:
On 23 Oct 2006 14:13:13 -0700, "piero_ds" <piergi@xxxxxxxxx> wrote:
Hi,
I have a question about the Great Depression. I know that during
Germany's depression, the Reichsmark was in a freefall, "collapsed from
8.9 per US$1 in 1918 to 4.2 trillion per US$1 by November 1923".
I remember seeing pictures of people pushing wheelbarrows of money to
the bakery.
Was it the same in the US during the 30's? Or was it that simply people
didn't have money? What happened to the price of goods?
The German hyperinflation was in 1922 and 1923.
Did it really stopped in 23 ?
.
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